LEMAY JAMES C 4
4 · OMNOVA SOLUTIONS INC · Filed Feb 10, 2020
Insider Transaction Report
Form 4
LEMAY JAMES C
Sr VP Bus Dev Gen Counsel
Transactions
- Tax Payment
Common Shares
2020-02-09$10.12/sh−4,589$46,441→ 105,716 total - Exercise/Conversion
Common Shares
2020-02-09+13,900→ 110,305 total - Exercise/Conversion
Restricted Share Units
2020-02-09−13,900→ 30,300 total→ Common Shares (13,900 underlying)
Footnotes (4)
- [F1]Each restricted share unit represents the right to receive one OMNOVA common share at vesting.
- [F2]Represents common shares withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted share units. The deemed disposition of the withheld common shares is exempt pursuant to Rule 16b-3(e).
- [F3]The restricted share units vested on February 9, 2020, a Sunday. Accordingly, the $10.12 price per share reflects the closing price of OMNOVA Solutions Inc. common shares on Friday, February 7, 2020.
- [F4]The restricted share units vested on February 9, 2020, three years from the date of grant.