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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Rights | $ 14.81 | 08/20/2018 | M | 30,500 | (4) | 02/16/2021 | Common Stock | 30,500 | $ 0 | 0 | D | ||||
Stock Appreciation Rights | $ 14.61 | 08/20/2018 | M | 48,800 | (5) | 02/14/2022 | Common Stock | 48,800 | $ 0 | 0 | D | ||||
Stock Appreciation Rights | $ 23.08 | 08/20/2018 | M | 30,700 | (6) | 02/15/2023 | Common Stock | 30,700 | $ 0 | 0 | D | ||||
Stock Appreciation Rights | $ 35.07 | 08/20/2018 | M | 20,500 | (7) | 02/11/2024 | Common Stock | 20,500 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Patterson Robert M POLYONE CENTER 33587 WALKER ROAD AVON LAKE, OH 44012 |
X | Chairman, President & CEO |
/s/ Lisa K. Kunkle, Power of Attorney For: Robert M. Patterson | 08/22/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes shares acquired pursuant to dividend reinvestment since the last Form 4 was filed. |
(2) | The sale price is a weighted average for the sale transactions. The sales prices range from a low of $43.21 per share to a high of $43.89. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, PolyOne Corporation or a security holder of PolyOne Corporation. |
(3) | The sale price is a weighted average for the sale transactions. The sales prices range from a low of $43.12 per share to a high of $43.52 per share. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, PolyOne Corporation, or a security holder of PolyOne Corporation. |
(4) | The stock appreciation rights vested in three equal annual installments beginning February 16, 2012. |
(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 $14.61 per share and no more than one-third of the grant can vest per year during the first three years. |
(6) | 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 $23.08 per share and no more than one-third of the grant can vest per year during the first three years. |
(7) | 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 $35.07 per share and no more than one-third of the grant can vest per year during the first three years. |