Filing Details

Accession Number:
0001209191-10-003057
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-13 12:00:00
Reporting Period:
2010-01-12
Filing Date:
2010-01-13
Accepted Time:
2010-01-13 17:07:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
87565 Schulman A Inc SHLM Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821) 340514850
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1196387 M Joseph Gingo 3550 West Market Street
Akron OH 44333
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-01-12 27,000 $0.00 66,600 No 4 A Direct
Common Stock Acquisiton 2010-01-12 10,000 $22.13 22,500 No 4 P Indirect By Linda L. Gingo Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Indirect By Linda L. Gingo Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-Based Restricted Stock Units Acquisiton 2010-01-12 59,527 $0.00 59,527 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
59,527 No 4 A Direct
Footnotes
  1. Award represents a grant of restricted stock pursuant to the A. Schulman, Inc. (the "Company) 2006 Equity Incentive Plan (the "2006 Plan"). Under the 2006 Plan, restrictions on stock awards lapse at a rate of 33 1/3% on January 12th of 2011, 2012 and 2013.
  2. Award represents a grant of Performance-Based Restricted Stock Units pursuant to the 2006 Plan. Performance-Based Restricted Stock Units will be settled for cash in an amount equal to the fair market value of a share of the Company's common stock, subject to certain performance criteria. All or a portion of the Performance-Based Restricted Stock Units will vest depending upon the Company's Net Income, Operating Income and Days of Working Capital for the 2010 fiscal year. The relative weighting and performance targets for each of these goals are the same as the Company's 2010 Bonus Plan.
  3. Performance-Based Restricted Stock Units will be settled for cash within two and a half months of the Company's 2010 fiscal year end, in an amount equal to the fair market value of a share of the Company's common stock on a 1-to-1 basis.