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AVIENT CORP — Director's Dealing 2024
Aug 9, 2024
31389_dirs_2024-08-09_b8c274c4-d0bb-4fb1-a365-9aea1f785cef.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVIENT CORP (AVNT)
CIK: 0001122976
Period of Report: 2024-08-07
Reporting Person: Rathbun Joel R. (SVP, Mergers & Acquisitions)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-07 | Common Stock | M | 2500 | $38.27 | Acquired | 10840 | Direct |
| 2024-08-07 | Common Stock | D | 2285 | $43.58 | Disposed | 8555 | Direct |
| 2024-08-07 | Common Stock | M | 10400 | $24.98 | Acquired | 18955 | Direct |
| 2024-08-07 | Common Stock | D | 7257 | $43.66 | Disposed | 11698 | Direct |
| 2024-08-07 | Common Stock | S | 11698 | $43.3594 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-07 | Stock Appreciation Rights | $38.27 | M | 2500 | Disposed | 2025-02-04 | Common Stock (2500) | Direct |
| 2024-08-07 | Stock Appreciation Rights | $24.98 | M | 10400 | Disposed | 2026-02-10 | Common Stock (10400) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 28416.08 | Indirect |
Footnotes
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.