POLYONE CORP·4

Jan 6, 4:29 PM ET

SHIBA WENDY C 4

4 · POLYONE CORP · Filed Jan 6, 2006

Insider Transaction Report

Form 4
Period: 2006-01-04
SHIBA WENDY C
Vice President, CLO & Sec'y
Transactions
  • Award

    Stock Appreciation Right

    2006-01-04+48,00048,000 total
    Exercise: $6.51Exp: 2013-01-03Common Stock (48,000 underlying)
Footnotes (1)
  • [F1]SARs are exercisable upon vesting. Vesting occurs when the market price of the PolyOne common stock reaches pre-determined levels for three consecutive days as follows: 1/3 vests at a market price of $7.50 per share; an additional 1/3 vests at a market price of $8.50 per share; and the remaining 1/3 vests at a market price of $10.00 per share; provided, however, that no vesting will occur sooner than one year from the grant date of January 4, 2006.

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