Filing Details

Accession Number:
0001534158-12-000071
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-06 15:28:19
Reporting Period:
2012-03-05
Filing Date:
2012-03-06
Accepted Time:
2012-03-06 15:28:19
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
1364036 E Michael Kahler Polyone Center
33587 Walker Road
Avon Lake OH 44012
Svp, Chief Commercial Officer No 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 2012-03-05 27,700 $0.00 130,244 No 4 M Direct
Common Stock Disposition 2012-03-05 8,819 $13.14 121,425 No 4 F Direct
Common Stock Disposition 2012-03-05 36,000 $12.98 85,425 No 4 S Direct
Common Stock Acquisiton 2012-03-05 20,700 $6.59 106,125 No 4 M Direct
Common Stock Acquisiton 2012-03-05 16,000 $1.43 122,125 No 4 M Direct
Common Stock Disposition 2012-03-05 6,244 $12.93 115,881 No 4 D Direct
Common Stock Disposition 2012-03-05 13,692 $13.01 102,189 No 4 D Direct
Common Stock Disposition 2012-03-05 5,903 $12.93 0 No 4 I Indirect Savings Plan Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 D Direct
No 4 D Direct
No 4 I Indirect Savings Plan Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Shares Disposition 2012-03-05 27,700 $0.00 27,700 $0.00
Common Stock Stock Appreciation Right Disposition 2012-03-05 16,000 $0.00 16,000 $1.43
Common Stock Stock Appreciation Right Disposition 2012-03-05 20,700 $0.00 20,700 $6.59
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-03-05 2012-03-05 No 4 M Direct
0 2016-03-04 No 4 M Direct
0 2014-03-07 No 4 M Direct
Footnotes
  1. Each performance share is equal in value to one share of PolyOne common stock and will pay out in the form of common shares on a one-for-one basis. Performance shares vest one-third on the attainment of 10%, 20% and 30% stock appreciation (which must be maintained for a minimum of three consecutive trading days) from the grant date closing price of $1.43 per share. Vested shares will be distributed on the third anniversary of the grant date.
  2. Includes dividend equivalents earned with respect to the vested performance shares.
  3. The sale price is a weighted average for the sale transactions. The sale prices range from a low of $12.94 per share to a high of $13.06 per share. Full information regarding the number of shares purchased at each separate price is available upon request by the Commission staff, PolyOne Corporation, or a security holder of PolyOne Corporation.
  4. The information in this report is based on a PolyOne Retirement Savings Plan statement as of March 5, 2012. PolyOne common shares are held in a unitized fund that consists of stock and cash. The number of shares and the amount of cash may fluctuate daily depending on plan level activity in the fund. Even though no transaction has occured, this fluctuation may result in an increase or decrease in the number of shares held since the last report filed by the reporting person.
  5. SARs become exercisable and vest one-third on the attainment of 10%, 20% and 30% stock appreciation (which must be maintained for a minimum of three consecutive trading days) from the grant date closing price of $1.43 per share, with no more than one-third vesting per year during the first three years.
  6. SARs are exercisable upon vesting. Vesting occurs when the market price of the PolyOne common stock reaches pre-determined levels for three consecutive days as follows: 1/3 vests at a market price of $7.24 per share; an additional 1/3 vests at a market price of $7.90 per share; and the remaining 1/3 vests at a market price of $8.56 per share; provided, however, that no vesting will occur sooner than one year from the grant date of March 8, 2007.