0001127602-23-006158.txt : 20230221 0001127602-23-006158.hdr.sgml : 20230221 20230221115329 ACCESSION NUMBER: 0001127602-23-006158 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230217 FILED AS OF DATE: 20230221 DATE AS OF CHANGE: 20230221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Purayath Vinod Robert CENTRAL INDEX KEY: 0001859440 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16091 FILM NUMBER: 23646456 MAIL ADDRESS: STREET 1: 33587 WALKER ROAD CITY: AVON LAKE STATE: OH ZIP: 44012 FORMER NAME: FORMER CONFORMED NAME: Purayath Robert Vinod DATE OF NAME CHANGE: 20210428 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 2023-02-17 0001122976 AVIENT CORP AVNT 0001859440 Purayath Vinod Robert AVIENT CENTER 33587 WALKER ROAD AVON LAKE OH 44012 1 SVP & Chief Technology Officer Restricted Stock Units 2023-02-17 4 A 0 3550 0 A 2026-02-17 2026-02-17 Common Stock 3550 3550 D Stock Appreciation Rights 42.93 2023-02-17 4 A 0 12050 0 A 2033-02-17 Common Stock 12050 12050 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 twenty consecutive trading days) from the grant date closing price of $42.93 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 2023-02-21