Filing Details
- Accession Number:
- 0001534158-14-000066
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-19 19:37:40
- Reporting Period:
- 2014-02-14
- Filing Date:
- 2014-02-19
- Accepted Time:
- 2014-02-19 19:37:40
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1122976 | Polyone Corp | POL | Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821) | 341730488 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1229313 | D Stephen Newlin | Polyone Center 33587 Walker Road Avon Lake OH 44012 | Chairman, President & Ceo | 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 | Disposition | 2014-02-14 | 1,275 | $0.00 | 204,905 | No | 5 | G | Direct | |
| Common Stock | Acquisiton | 2014-02-16 | 86,800 | $0.00 | 294,659 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-02-16 | 41,131 | $36.04 | 253,528 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2014-02-18 | 77,334 | $14.61 | 330,862 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-02-18 | 54,099 | $36.07 | 276,763 | No | 4 | D | Direct | |
| Common Stock | Acquisiton | 2014-02-18 | 52,633 | $14.81 | 329,396 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-02-18 | 37,230 | $36.07 | 292,166 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2014-02-18 | 28,294 | $36.00 | 263,872 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2014-02-19 | 34,900 | $36.08 | 228,972 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2014-02-14 | 2,005 | $36.02 | 10,995 | No | 4 | S | Indirect | by Trust |
| Common Stock | Disposition | 2014-02-18 | 995 | $36.08 | 10,000 | No | 4 | S | Indirect | by Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | by Trust |
| No | 4 | S | Indirect | by Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2014-02-16 | 86,800 | $0.00 | 86,800 | $0.00 |
| Common Stock | Stock Appreciation Right | Disposition | 2014-02-18 | 52,633 | $0.00 | 52,633 | $14.81 |
| Common Stock | Stock Appreciation Rights | Disposition | 2014-02-18 | 77,334 | $0.00 | 77,334 | $14.61 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2014-02-16 | 2014-02-16 | No | 4 | M | Direct |
| 0 | 2021-02-16 | No | 4 | M | Direct | |
| 77,333 | 2022-02-14 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive one share of PolyOne common stock.
- Includes dividend equivalents earned with respect to the vested restricted stock units.
- The exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, which was entered into on May 8, 2013.
- The stock sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- The sales price is a weighted average for the sales transactions. The sales prices range from a low of $35.78 per share to a high of $36.22 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.
- The sales price is a weighted average for the sales transactions. The sales prices range from a low of $35.94 per share to a high of $36.26 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.
- The shares were sold from a Charitable Remainder Trust of which Mr. Newlin is the trustee and sole non-charitable beneficiary.
- The sales price is a weighted average for the sales transactions. The sales prices range from a low of $36.008 per share to a high of $36.08 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.
- The stock appreciation rights vest in three equal annual installments beginning February 16, 2012.
- SARs become exercisable and vest one-third on the attainment of 10%, 15% and 20% stock appreciation (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $14.61 per share, with no more than one-third vesting per year during the first three years.
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