POLYONE CORP 4
4 · POLYONE CORP · Filed May 19, 2015
Insider Transaction Report
Form 4
POLYONE CORPPOL
Altice Richard N.
SVP & President DSS
Transactions
- Award
Stock Appreciation Rights
2015-05-15+9,900→ 9,900 totalExercise: $40.19Exp: 2025-05-15→ Common Stock (9,900 underlying) - Award
Restricted Stock Units
2015-05-15+3,600→ 3,600 totalFrom: 2018-05-15Exp: 2018-05-15→ Common Stock (3,600 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of PolyOne 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 a market value per share of $38.27 and no more than one-third of the grant can vest per year during the first three years.