OMNOVA SOLUTIONS INC 4
4 · OMNOVA SOLUTIONS INC · Filed Mar 23, 2015
Insider Transaction Report
Form 4
PERCY STEVEN W
Director
Transactions
- Award
Deferred Shares
2015-03-19+8,809→ 57,866 total→ Common Shares (8,809 underlying)
Footnotes (3)
- [F1]Each Deferred Share is the economic equivalent of one OMNOVA Solutions Inc. Common Share.
- [F2]Under the terms of the OMNOVA Solutions Inc. Third Amended and Restated 1999 Equity and Performance Incentive Plan (the "Plan"), the Deferred Shares shall not issue until the later of one year following the date of grant or the Reporting Person's separation from service on the OMNOVA Solutions Inc. Board of Directors (the "Board").
- [F3]The Deferred Shares were granted under the Plan as part of the Reporting Person's annual retainer for Board service.