San Martin Neto Joao Jose 4
4 · AVIENT CORP · Filed Feb 9, 2021
Insider Transaction Report
Form 4
AVIENT CORPAVNT
San Martin Neto Joao Jose
SVP & CHRO
Transactions
- Award
Stock Appreciation Rights
2021-02-08+18,200→ 18,200 totalExercise: $42.27Exp: 2031-02-08→ Common Stock (18,200 underlying) - Award
Restricted Stock Units
2021-02-08+4,550→ 4,550 totalFrom: 2024-02-08Exp: 2024-02-08→ Common Stock (4,550 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Avient 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 $42.27 per share and no more than one-third of the grant can vest per year during the first three years.