0001127602-22-005061.txt : 20220215 0001127602-22-005061.hdr.sgml : 20220215 20220215171603 ACCESSION NUMBER: 0001127602-22-005061 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220211 FILED AS OF DATE: 20220215 DATE AS OF CHANGE: 20220215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Garratt Michael A CENTRAL INDEX KEY: 0001582428 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16091 FILM NUMBER: 22640192 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 2022-02-11 0001122976 AVIENT CORP AVNT 0001582428 Garratt Michael A AVIENT CENTER 33587 WALKER ROAD AVON LAKE OH 44012 1 SVP, President CAI - EMEA Common Stock 2022-02-11 4 M 0 5800 A 24610 D Common Stock 2022-02-11 4 F 0 2646 52.64 D 21964 D Common Stock 14290.129 I Supplemental Plan Restricted Stock Units 2022-02-11 4 M 0 5800 D 2022-02-11 2022-02-11 Common Stock 5800 0 D Restricted Stock Units 2022-02-14 4 A 0 4550 0 A 2025-02-14 2025-02-14 Common Stock 4550 4550 D Stock Appreciation Rights 52.64 2022-02-14 4 A 0 16000 0 A 2032-02-14 Common Stock 16000 16000 D Each restricted stock unit represents a contingent right to receive one share of Avient common stock. Includes dividend equivalents earned with respect to the vested restricted stock units. Represents shares of Avient common stock that were withheld solely to satisfy the tax withholding obligation applicable to the vesting of restricted stock units on February 11, 2022. The information in this report is based on a plan statement as of February 11, 2022. 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: Michael A Garratt 2022-02-15