Accession Number: | 0001127602-20-004452 |
Date: | 2020-02-09 |
Issuer: | OMNOVA SOLUTIONS INC (OMN) |
Original Submission Date: |
LEMAY JAMES C
25435 HARVARD ROAD
BEACHWOOD, OH 44122
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON SHARES | 2020-02-09 | M | 13,900 | a | $0.00 | 110,305 | direct | ||
COMMON SHARES | 2020-02-09 | F | 4,589 | d | $10.12 | 105,716 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED SHARE UNITS | 0.0 | 2020-02-09 | deemed execution date | M | 13,900 (d) | common shares 13,900 | $0.00 | 30,300 | direct |
ID | footnote |
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f1 | each restricted share unit represents the right to receive one omnova common share at vesting. |
f2 | represents common shares withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted share units. the deemed disposition of the withheld common shares is exempt pursuant to rule 16b-3(e). |
f3 | the restricted share units vested on february 9, 2020, a sunday. accordingly, the $10.12 price per share reflects the closing price of omnova solutions inc. common shares on friday, february 7, 2020. |
f4 | the restricted share units vested on february 9, 2020, three years from the date of grant. |