Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-20-004452
Date:2020-02-09
Issuer: OMNOVA SOLUTIONS INC (OMN)
Original Submission Date:

Reporting Person:

LEMAY JAMES C
25435 HARVARD ROAD
BEACHWOOD, OH 44122

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
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