Horn J Scott 4
4 · POLYONE CORP · Filed Feb 11, 2020
Insider Transaction Report
Form 4
POLYONE CORPPOL
Horn J Scott
SVP, President Distribution
Transactions
- Award
Stock Appreciation Rights
2020-02-10+12,450→ 12,450 totalExercise: $31.48Exp: 2030-02-10→ Common Stock (12,450 underlying) - Award
Restricted Stock Units
2020-02-10+4,000→ 4,000 totalFrom: 2023-02-10Exp: 2023-02-10→ Common Stock (4,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of PolyOne common stock.
- [F2]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 $31.48 per share and no more than one-third of the grant can vest per year during the first three years.