0001127602-22-005033.txt : 20220215 0001127602-22-005033.hdr.sgml : 20220215 20220215164954 ACCESSION NUMBER: 0001127602-22-005033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220214 FILED AS OF DATE: 20220215 DATE AS OF CHANGE: 20220215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Purayath Robert Vinod CENTRAL INDEX KEY: 0001859440 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16091 FILM NUMBER: 22639870 MAIL ADDRESS: STREET 1: 33587 WALKER ROAD CITY: AVON LAKE STATE: OH ZIP: 44012 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AVIENT CORP CENTRAL INDEX KEY: 0001122976 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 341730488 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 33587 WALKER ROAD CITY: AVON LAKE STATE: OH ZIP: 44012 BUSINESS PHONE: 440-930-1000 MAIL ADDRESS: STREET 1: 33587 WALKER ROAD CITY: AVON LAKE STATE: OH ZIP: 44012 FORMER COMPANY: FORMER CONFORMED NAME: POLYONE CORP DATE OF NAME CHANGE: 20000830 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2022-02-14 0001122976 AVIENT CORP AVNT 0001859440 Purayath Robert Vinod AVIENT CENTER 33587 WALKER ROAD AVON LAKE OH 44012 1 SVP & Chief Technology Officer Restricted Stock Units 2022-02-14 4 A 0 2900 0 A 2025-02-14 2025-02-14 Common Stock 2900 2900 D Stock Appreciation Rights 52.64 2022-02-14 4 A 0 10250 0 A 2032-02-14 Common Stock 10250 10250 D Each restricted stock unit represents a contingent right to receive one share of Avient common stock. 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. /s/ Lisa K. Kunkle, Power of Attorney for Vinod Purayath Robert 2022-02-15