Purayath Vinod Robert 4
4 · AVIENT CORP · Filed Feb 26, 2024
Insider Transaction Report
Form 4
AVIENT CORPAVNT
Purayath Robert Vinod
SVP & Chief Technology Officer
Transactions
- Award
Stock Appreciation Rights
2024-02-22+14,400→ 14,400 totalExercise: $39.27Exp: 2034-02-22→ Common Stock (14,400 underlying) - Award
Restricted Stock Units
2024-02-22+4,450→ 4,450 totalFrom: 2027-02-22Exp: 2027-02-22→ Common Stock (4,450 underlying)
Footnotes (2)
- [F1]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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Avient common stock.