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AVNT Avient Corporation

45.86
-0.46 (-0.99%)
Last Updated: 15:45:01
Delayed by 15 minutes
Share Name Share Symbol Market Type
Avient Corporation NYSE:AVNT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.46 -0.99% 45.86 46.10 45.6101 46.07 43,534 15:45:01

Statement of Changes in Beneficial Ownership (4)

15/02/2022 10:02pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pederson Christopher
2. Issuer Name and Ticker or Trading Symbol

AVIENT CORP [ AVNT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, President SEM
(Last)          (First)          (Middle)

AVIENT CENTER, 33587 WALKER ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

2/11/2022
(Street)

AVON LAKE, OH 44012
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/11/2022  M  5350 A (1)5744 (2)D  
Common Stock 2/11/2022  F  1774 (3)D$52.64 3970 D  
Common Stock         3327.633 I Savings Plan Trust (4)
Common Stock         2153.04 I Supplemental Plan (4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)2/11/2022  M     5350  2/11/2022 2/11/2022 Common Stock 5350  (1)0 D  
Restricted Stock Units  (1)2/14/2022  A   4450    2/14/2025 2/14/2025 Common Stock 4450 $0 4450 D  
Stock Appreciation Rights $52.64 2/14/2022  A   15650     (5)2/14/2032 Common Stock 15650 $0 15650 D  

Explanation of Responses:
(1) Each restricted stock unit represents a contingent right to receive one share of Avient common stock.
(2) Includes dividend equivalents earned with respect to the vested restricted stock units.
(3) Represents shares of Avient common stock that were withheld solely to satisfy the tax withholding obligation applicable to the vesting of restricted stock units on February 11, 2022.
(4) The information in this report is based on a plan statement as of February 11, 2022.
(5) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Pederson Christopher
AVIENT CENTER
33587 WALKER ROAD
AVON LAKE, OH 44012


SVP, President SEM

Signatures
/s/ Lisa K. Kunkle, Power of Attorney For: Christopher Pederson2/15/2022
**Signature of Reporting PersonDate

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