Purayath Robert Vinod 4
4 · AVIENT CORP · Filed Feb 15, 2022
Insider Transaction Report
Form 4
AVIENT CORPAVNT
Purayath Robert Vinod
SVP & Chief Technology Officer
Transactions
- Award
Stock Appreciation Rights
2022-02-14+10,250→ 10,250 totalExercise: $52.64Exp: 2032-02-14→ Common Stock (10,250 underlying) - Award
Restricted Stock Units
2022-02-14+2,900→ 2,900 totalFrom: 2025-02-14Exp: 2025-02-14→ Common Stock (2,900 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 $52.64 per share and no more than one-third of the grant can vest per year during the first three years.