Robert M. Patterson - Feb 10, 2023 Form 4 Insider Report for AVIENT CORP (AVNT)

Role
Chairman, President & CEO, Director
Signature
/s/ Lisa K. Kunkle, Power of Attorney For: Robert M. Patterson
Stock symbol
AVNT
Transactions as of
Feb 10, 2023
Transactions value $
-$843,398
Form type
4
Date filed
2/14/2023, 12:21 PM
Previous filing
Nov 9, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNT Common Stock Options Exercise +55.1K +10.15% 598K Feb 10, 2023 Direct F1, F2
transaction AVNT Common Stock Tax liability -$843K -22.3K -3.73% $37.88 575K Feb 10, 2023 Direct F3
holding AVNT Common Stock 349K Feb 10, 2023 Supplemental Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVNT Restricted Stock Units Options Exercise -55.1K -100% 0 Feb 10, 2023 Common Stock 55.1K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Avient common stock.
F2 Includes dividend equivalents earned with respect to the vested restricted stock units.
F3 Represents shares of Avient common stock that were withheld solely to satisfy the tax withholding obligation applicable to the vesting of restricted stock units on February 10, 2023.
F4 The information in this report is based on a plan statement as of February 10, 2023.