Joel R. Rathbun - 07 Aug 2024 Form 4 Insider Report for AVIENT CORP (AVNT)

Role
SVP, Mergers & Acquisitions
Signature
/s/ Robert K. James, Power of Attorney For: Joel R. Rathbun
Issuer symbol
AVNT
Transactions as of
07 Aug 2024
Net transactions value
-$568,172
Form type
4
Filing time
09 Aug 2024, 13:13:26 UTC
Previous filing
26 Feb 2024
Next filing
12 Nov 2024
SEC
View on sec.gov

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Quoteable Key Fact

"Joel R. Rathbun filed Form 4 for AVIENT CORP (AVNT) on 09 Aug 2024."

Quick Takeaways

  • This page summarizes Joel R. Rathbun's Form 4 filing for AVIENT CORP (AVNT).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Filing timestamp: 09 Aug 2024, 13:13.

What Changed

  • Previous filing in this sequence was filed on 26 Feb 2024.
  • Current net transaction value: -$568,172.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNT Common Stock Options Exercise $95,675 +2,500 +30% $38.27 10,840 07 Aug 2024 Direct
transaction AVNT Common Stock Disposed to Issuer $99,580 -2,285 -21% $43.58 8,555 07 Aug 2024 Direct
transaction AVNT Common Stock Options Exercise $259,792 +10,400 +122% $24.98 18,955 07 Aug 2024 Direct
transaction AVNT Common Stock Disposed to Issuer $316,841 -7,257 -38% $43.66 11,698 07 Aug 2024 Direct
transaction AVNT Common Stock Sale $507,218 -11,698 -100% $43.36 0 07 Aug 2024 Direct F1
holding AVNT Common Stock 28,416 07 Aug 2024 Supplemental Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVNT Stock Appreciation Rights Options Exercise $0 -2,500 -100% $0.000000* 0 07 Aug 2024 Common Stock 2,500 $38.27 Direct F3
transaction AVNT Stock Appreciation Rights Options Exercise $0 -10,400 -100% $0.000000* 0 07 Aug 2024 Common Stock 10,400 $24.98 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.21 to $43.54, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F2 The information in this report is based on a plan statement as of August 7, 2024.
F3 SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $38.27 per share and no more than one-third of the grant can vest per year during the first three years.
F4 SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $24.98 per share and no more than one-third of the grant can vest per year during the first three years.

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