https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
Outstanding Equity Att wards at 2016 Fiscal Year-End
Option
Exercise
Price
($)
((e))
Option
Expiration
Date
((f))ff
Market
Value of
Shares or
Units of
Stock That
Have Not
Vested
($)
((h))
Equity Incentivtt e
PlanAwards:
Marketor Payout
Value of Unearned
Shares,Units ot r
Othertt Rights ttt hatt t
Have NotVested
($)
((jj))
- - 8,510 (1) 272,660 -
- - 24,671 (2) 790,459 -
- - 35,272 (3) 1,130,115 -
- - - 51,756 (6) 1,658,262
- - - 51,756 (6) 1,658,262
30,500 (8) 14.81 2/16/2021 - -
48,800 (9) 14.61 2/14/2022 - -
30,700 (10) 23.08 2//15//2023 - -
13,667 (11) 6,833 (11) 35.07 2//11//2024 - -
66,700 (12) 38.27 2//4//2025 - -
105,200 (13) 24.98 2/10/2026 -
- - 7,266 (1) 232,803 -
- - 6,892 (2) 220,820 -
8,426 (3) 269,969 -
11,600 (11) 5,800 (11) 35.07 2/11/2024 -
18,700 (12) 38.27 2//4//2025 - -
25,150 (13) 24.98 2//10//2026 - -
- - 4,360 (1) 139,694 -
- - 25,935 (4) 830,957 -
- - 4,114 (2) 131,813 -
- - 5,026 (3) 161,033 -
- - - 25,935 (7) 830,957
13,700 (10) 23.08 2/15/2023 - -
6,934 (11) 3,466 (11) 35.07 2/11/2024 - -
11,200 (12) 38.27 2/4/2025 - -
15,000 (13) 24.98 2//10//2026 - -
- - 3,222 (1) 103,233 -
- - 2,593 (5) 83,080 -
- - 3,395 (2) 108,776 -
- - 4,316 (3) 138,285
5,200 (11) 2,600 (11) 35.07 2/11/2024 - -
9,200 (12) 38.27 2/4/2025 - -
12,900 (13) 24.98 2//10//2026 - -
- - 3,634 (1) 116,433 -
3,500 (2) 112,140 -
4,569 (3) 146,391 -
23,300 (9) 14.61 2//14//2022 - -
13,700 (10) 23.08 2/15/2023 -
5,800 (11) 2,900 (11) 35.07 2/11/2024 - -
9,300 (12) 38.27 2/4/2025 -
13,550 (13) 24.98 2//10//2026 - -
37,760 (1) 1,209,830 -
137,000 (10) 23.08 2//15//2023 -
60,667 (11) 30,333 (11) 35.07 2/11/2024 -
-
-
-
S.D.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
Skills/Experience
Ab
er
na
th
y
Fe
ar
on
G
of
f
G
re
en
Je
lli
so
n
Li
n
M
in
k
N
ic
ol
as
Pa
tt
er
so
n
Pr
ee
te
Ve
rd
ui
n
W
ul
fs
oh
n
Financial
Knowledge of finance or financial reporting;
experience with debt/capital market transactions
and/or mergers and acquisitions
l l l l l l l l l
International
Experience doing business internationally or
focused on international issues and operations
and exposure to markets, economies, and
cultures outside the U.S.
The payment date will
be a date in 2025 determined by the Compensation Committee (or its authorized delegate), which will
occur no later than March 15, 2025.
Garratt
2/10/2020 — — — — — 6,764 228,353 — —
2/08/2021 — — — — — 5,274 178,050 — —
2/14/2022 — — — — — 4,667 157,558 — —
2/04/2015 9,200 — — 38.27 2/4/2025 — — — —
2/15/2017 13,250 — — 34.10 2/15/2027 — — — —
2/14/2018 11,050 — — 41.89 2/14/2028 — — — —
2/11/2019 18,200 — — 31.54 2/11/2029 — — — —
2/10/2020 13,100 6,550 — 31.48 2/10/2030 — — — —
2/08/2021 6,716 13,434 — 42.27 2/08/2031 — — — —
2/14/2022 — — 16,000 52.64 2/14/2032 — — — —
L.K.
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
Weighted-average assumptions used to determine net periodic benefit cost for the years ended
December 31:
Pension Benefits Health Care Benefits
2015 2014 2013 2015 2014 2013
Discount rate* 3.88% 4.83% 4.12% 3.75% 4.38% 3.71%
Expected long-term return on plan assets* 6.87% 6.86% 8.41% —% —% —%
Assumed health care cost trend rates at
December 31:
Health care cost trend rate assumed for next
year N/A N/A N/A 6.88% 7.02% 7.39%
Rate to which the cost trend rate is assumed to
decline (the ultimate trend rate) N/A N/A N/A 4.50% 4.50% 4.63%
Year that the rate reaches the ultimate trend
rate N/A N/A N/A 2027 2027 2025
* The mark-to-market component of net periodic costs is determined based on discount rates as of year end and actual asset
returns during the year.
The estimated future benefit payments for our pension and health care plans are as follows:
(In millions)
Pension
Benefits
Health
Care
Benefits
2016 $ 39.8 $ 1.2
2017 39.2 1.2
2018 39.1 1.2
2019 38.3 1.1
2020 38.3 1.0
2021 through 2025 180.8 4.3
We currently estimate that 2016 employer contributions will be $24.6 million to all qualified and non-
qualified pension plans and $1.2 million to all healthcare benefit plans.
POLYONE CORPORATION 69
Components of our deferred tax assets (liabilities) as of December 31, 2015 and 2014 were as follows:
(In millions) 2015 2014
Deferred tax assets:
Pension and other post-retirement benefits $ 29.7 $ 39.1
Employment costs 34.7 47.2
Environmental reserves 45.8 46.5
Net operating loss carryforwards 33.3 42.0
Foreign tax credit carryforwards 37.4 8.7
Other, net 22. 3 21.9
Gross deferred tax assets $ 203.2 $ 205.4
Valuation allowances (19.3) (23.6)
Total deferred tax assets, net of valuation allowances $ 183.9 $ 181.8
Deferred tax liabilities:
Tax and book basis differences associated with property, plant and equipment $ (60.3) $ (76.9)
Tax and book basis differences associated with intangibles (135.8) (135.2)
Other, net (7.2) (9.1)
Total deferred tax liabilities $ (203.3) $ (221.2)
Net deferred tax liabilities $ (19.4) $ (39.4)
As of December 31, 2015, the Company had $37.4 million of U.S. foreign tax credit carryforwards that
expire between 2016 and 2025.