0001127602-24-006814.txt : 20240226 0001127602-24-006814.hdr.sgml : 20240226 20240226141713 ACCESSION NUMBER: 0001127602-24-006814 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240222 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Purayath Vinod Robert CENTRAL INDEX KEY: 0001859440 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16091 FILM NUMBER: 24676879 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] ORGANIZATION NAME: 08 Industrial Applications and Services 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 X0508 4 2024-02-22 0001122976 AVIENT CORP AVNT 0001859440 Purayath Vinod Robert AVIENT CORPORATION 33587 WALKER ROAD AVON LAKE OH 44012 1 SVP & Chief Technology Officer 0 Stock Appreciation Rights 39.27 2024-02-22 4 A 0 14400 0 A 2034-02-22 Common Stock 14400 14400 D Restricted Stock Units 2024-02-22 4 A 0 4450 0 A 2027-02-22 2027-02-22 Common Stock 4450 4450 D 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 $39.27 per share and no more than one-third of the grant can vest per year during the first three years. Each restricted stock unit represents a contingent right to receive one share of Avient common stock. /s/ Robert K. James, Power of Attorney for Vinod Purayath 2024-02-26 EX-24 2 doc1.txt POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY AVIENT CORPORATION Instrument of Substitution of Attorney-in-Fact KNOW ALL BY THESE PRESENTS, that the undersigned, as attorney-in-fact under a duly authorized and executed Power of Attorney filed with the U.S. Securities and Exchange Commission (the ?SEC?) on June 1, 2021 (the ?Power of Attorney?) for Vinod Purayath (the ?Insider?), hereby constitutes and appoints (pursuant to the substitution authority granted to the undersigned pursuant to such Power of Attorney (the ?Substitution Authority?)) each of Jamie A. Beggs, Kristen A. Gajewski, Robert K. James, and Lorraine E. Gaulding, signing individually, as a true and lawful attorney-in-fact for the Insider, and as a substitute for the undersigned, to: 1. Prepare, execute in the Insider?s name and on the Insider?s behalf, and submit to the SEC a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC; and 2. Execute for and on behalf of the Insider, in the Insider?s capacity as an officer and/or director of Avient Corporation (the ?Corporation?), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations thereunder; and 3. Do and perform any and all acts for and on behalf of the Insider which may be necessary or desirable to complete and execute any such Form 3, 4, or 5 and timely file such form with the SEC and any stock exchange or similar authority; and 4. Take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the Insider, it being understood that the documents executed by such attorney-in-fact on behalf of the Insider pursuant to the Power of Attorney and this Instrument of Substitution of Attorney-in-Fact shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact?s discretion. The undersigned, pursuant to the Substitution Authority, hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers granted to the undersigned under the Power of Attorney, as fully to all intents and purposes as the Insider might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact?s substitute or substitutes, shall lawfully do or cause to be done by virtue of the Power of Attorney and this Instrument of Substitution of Attorney-in-Fact (and the rights and powers therein granted). The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity pursuant to the Substitution Authority, are not assuming, nor is the Corporation assuming, any of the Insider?s responsibility to comply with Section 16 of the Securities Exchange Act of 1934. This Instrument of Substitution of Attorney-in-Fact shall remain in full force and effect until the Insider is no longer required to file Forms 3, 4, and 5 with respect to the Insider?s holdings of and transactions in securities issued by the Corporation, unless earlier revoked by the Insider in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Instrument of Substitution of Attorney-in-Fact to be executed as of this 24th day of January 2024. /s/ Lisa K. Kunkle Lisa K. Kunkle, attorney-in-fact for Insider