M. John Midea Jr. - 30 Aug 2024 Form 4 Insider Report for AVIENT CORP (AVNT)

Role
SVP, Glbl Ops & Process Imprv
Signature
/s/ Robert K. James, Power of Attorney For: M. John Midea Jr.
Issuer symbol
AVNT
Transactions as of
30 Aug 2024
Net transactions value
-$299,098
Form type
4
Filing time
04 Sep 2024, 15:57:41 UTC
Previous filing
26 Feb 2024
Next filing
19 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNT Common Stock Options Exercise $407,495 +11,950 +42% $34.10 40,300 30 Aug 2024 Direct
transaction AVNT Common Stock Tax liability $459,984 -9,375 -23% $49.06 30,925 30 Aug 2024 Direct
transaction AVNT Common Stock Options Exercise $520,410 +16,500 +53% $31.54 47,425 30 Aug 2024 Direct
transaction AVNT Common Stock Tax liability $622,782 -12,693 -27% $49.06 34,732 30 Aug 2024 Direct
transaction AVNT Common Stock Options Exercise $583,954 +18,550 +53% $31.48 53,282 30 Aug 2024 Direct
transaction AVNT Common Stock Tax liability $728,191 -14,858 -28% $49.01 38,424 30 Aug 2024 Direct
holding AVNT Common Stock 4,352 30 Aug 2024 Supplemental Plan F1

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 -11,950 -100% $0.000000 0 30 Aug 2024 Common Stock 11,950 $34.10 Direct F2
transaction AVNT Stock Appreciation Rights Options Exercise $0 -16,500 -100% $0.000000 0 30 Aug 2024 Common Stock 16,500 $31.54 Direct F3
transaction AVNT Stock Appreciation Rights Options Exercise $0 -18,550 -100% $0.000000 0 30 Aug 2024 Common Stock 18,550 $31.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The information in this report is based on a plan statement as of August 30, 2024.
F2 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 $34.10 per share and no more than one-third of the grant can vest per year during the first three years.
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 $31.54 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 $31.48 per share and no more than one-third of the grant can vest per year during the first three years.