Cathy Dodd - 05 May 2021 Form 4 Insider Report for AVIENT CORP (AVNT)

Role: SVP, President Distribution
Signature: /s/ Lisa K. Kunkle, Power of Attorney For: Cathy Dodd
Issuer symbol: AVNT
Transactions as of: 05 May 2021
Net transactions value: -$169,329
Form type: 4
Filing time: 07 May 2021, 16:17:25 UTC
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVNT	Common Stock	Options Exercise	$82,892	+2,300	+23%	$36.04	12,318	05 May 2021	Direct
transaction	AVNT	Common Stock	Disposed to Issuer	$94,519	-1,777	-14%	$53.19	10,541	05 May 2021	Direct
transaction	AVNT	Common Stock	Options Exercise	$103,417	+4,140	+39%	$24.98	14,681	05 May 2021	Direct
transaction	AVNT	Common Stock	Disposed to Issuer	$137,762	-2,590	-18%	$53.19	12,091	05 May 2021	Direct
transaction	AVNT	Common Stock	Sale	$109,869	-2,073	-17%	$53.00	10,018	06 May 2021	Direct
transaction	AVNT	Common Stock	Sale	$13,488	-254	-100%	$53.13	0	05 May 2021	By spouse	F1
holding	AVNT	Common Stock						3,629	05 May 2021	Savings Plan Trust	F2

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	Stock Appreciation Rights	Options Exercise	$0	-2,300	-100%	$0.000000^*	0	05 May 2021	Common Stock	2,300	$36.04	Direct	F3
transaction	AVNT	Stock Appreciation Rights	Options Exercise	$0	-4,140	-100%	$0.000000^*	0	05 May 2021	Common Stock	4,140	$24.98	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares acquired pursuant to dividend reinvestment.
F2	The information in this report is based on a Avient Retirement Savings Plan statement as of April 30, 2021.
F3	SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $36.04 per share and no more than one-third of the grant can vest per year during the first three years.
F4	SARs become exercisable and vest only upon the achievement of both price and time requirements. To vest, each one-third of the grant must attain 10%, 15% and 20% stock appreciation, respectively (which must be maintained for a minimum of thirty consecutive trading days) from the grant date closing price of $24.98 per share and no more than one-third of the grant can vest per year during the first three years.