Cathy Dodd - 11 Feb 2022 Form 4 Insider Report for AVIENT CORP (AVNT)

Reporting relationship: SVP, President Distribution
Issuer ticker: AVNT
Reported as of: 11 Feb 2022
Net transaction value: -$32,795
SEC form: 4
Accepted by SEC: 15 Feb 2022, 15:55:53 UTC
Prior SEC filing: 07 May 2021
Source filing: View source filing
Reporting owner signature: /s/ Lisa K. Kunkle, Power of Attorney For: Cathy Dodd

Filing notes and source

Key filing fact

Cathy Dodd filed Form 4 for AVIENT CORP (AVNT) on 15 Feb 2022.

Key facts

This page summarizes Cathy Dodd's Form 4 filing for AVIENT CORP (AVNT).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 15 Feb 2022, 15:55.

Change

Previous filing in this sequence was filed on 07 May 2021.
Current net transaction value: -$32,795.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AVNT transaction

Common Stock

Options Exercise

Transaction value
Shares: +1,713
Change %: +17%
Price
Shares after: 11,814
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1, F2

AVNT transaction

Common Stock

Tax liability

Transaction value: $32,795
Shares: -623
Change %: -5.3%
Price: $52.64
Shares after: 11,191
Date: 11 Feb 2022
Ownership: Direct

AVNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,734
Date: 11 Feb 2022
Ownership: Savings Plan Trust
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AVNT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -1,713
Change %: -100%
Price
Shares after: 0
Date: 11 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,713
Exercise price
Footnotes: F1

AVNT transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +2,900
Change %
Price: $0.000000
Shares after: 2,900
Date: 14 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,900
Exercise price
Footnotes: F1

AVNT transaction Derivative

Stock Appreciation Rights

Award

Transaction value: $0
Shares: +10,250
Change %
Price: $0.000000
Shares after: 10,250
Date: 14 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,250
Exercise price: $52.64
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Avient common stock.

Footnote F2

Includes dividend equivalents earned with respect to the vested restricted stock units.

Footnote F3

The information in this report is based on a Avient Retirement Savings Plan statement as of February 11, 2022.

Footnote 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 $52.64 per share and no more than one-third of the grant can vest per year during the first three years.