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
- 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.
- 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.
- 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.