https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
i
NOTICE OF 2023 ANNUAL MEETING OF SHAREHOLDERS
Thursday, May 11, 2023
9:00 a.m.
Please carefully review the proxy materials for the
Annual Meeting, which will be held virtually via live webcast on Thursday, May 11, 2023 at 9:00 a.m.
The Annual Meeting webcast will begin promptly at 9:00 a.m.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
NOTICE OF 2017
ANNUALMEETING OF SHAREHOLDERS
AND PROXY STATEMENT
TABLE OF CONTENTS
MESSAGE FROM OUR CEO ............................................................................................................................................................................................i
NOTICE OF 2017 ANNUAL MEETING OF SHAREHOLDERS..........................................................................................................................ii
PROXY SUMMARY............................................................................................................................................................................................................1
PROXY STATEMENT .......................................................................................................................................................................................................5
PROPOSAL 1— ELECTION OF BOARD OF DIRECTORS .................................................................................................................................6
PROPOSAL 2— ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION .........................................11
PROPOSAL 3— ADVISORY VOTE TO APPROVE THE FREQUENCY OF FUTURE ADVISORY VOTES TO
APPROVE NAMED EXECUTIVE OFFICER COMPENSATION .....................................................................................................12
PROPOSAL 4— APPROVAL OF THE POLYONE CORPORATION 2017 EQUITY AND INCENTIVE
COMPENSATION PLAN .............................................................................................................................................................................13
PROPOSAL 5— RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM..................................................................................................................................................................................................................30
CORPORATE GOVERNANCE.....................................................................................................................................................................................33
2016 NON-EMPLOYEE DIRECTOR COMPENSATION....................................................................................................................................39
OWNERSHIP OF POLYONE SHARES.....................................................................................................................................................................41
COMPENSATION DISCUSSION AND ANALYSIS ...............................................................................................................................................43
Executive Summary....................................................................................................................................................................................43
Executive Compensation Philosophy and Objectives..................................................................................................................47
What We Pay and Why: Elements of Compensation ..................................................................................................................49
Other Aspects of Our Compensation Programs .............................................................................................................................55
EXECUTIVE COMPENSATION..................................................................................................................................................................................59
2016 Summary Compensation Table .................................................................................................................................................59
2016 Grants of Plan-Based Awards.....................................................................................................................................................62
Outstanding Equity Awards at 2016 Fiscal Year-End.................................................................................................................64
2016 Option Exercises and Stock Vested..........................................................................................................................................67
2016 Pension Benefits...............................................................................................................................................................................67
2016 Nonqualified Deferred Compensation ...................................................................................................................................68
Potential Payments Upon Termination or Change of Control .................................................................................................70
Compensation Committee Interlocks .................................................................................................................................................74
Policy on Related Person Transactions .............................................................................................................................................74
Risk Assessment of the Compensation Programs.........................................................................................................................74
Compensation Committee Report........................................................................................................................................................75
MISCELLANEOUS PROVISIONS...............................................................................................................................................................................76
APPENDIX A...................................................................................................................................................................................................................A-1
APPENDIX B...................................................................................................................................................................................................................B-1
MESSAGE FROM OUR CEO
March 31, 2017
Dear Fellow Shareholder:
You are cordially invited to attend the PolyOne Corporation Annual Meeting of Shareholders (the
“Annual Meeting”), which will be held at 9:00 a.m. on Thursday, May 11, 2017, at PolyOne Corporation’s
corporate headquarters located at PolyOne Center, 33587Walker Road, Avon Lake, Ohio 44012.
NOTICE OF 2017 ANNUAL MEETING OF SHAREHOLDERS
Thursday, May 11, 2017
9:00 a.m.
For inforff mation on the terms and conditions of these incentive programs, see the “What We Pay and Why: Elements of
Compensation” section of this proxy statement.
4
POLYONE CORPORATRR ION
PolyOne Center
33587Walker Road
Avon Lake, Ohio 44012
DatedMarch 31, 2017
Our Board respectfully requests your proxy for use at the Annual Meeting to be held at PolyOne’s corporate
headquarters located at PolyOne Center, 33587 Walker Road, Avon Lake, Ohio 44012 at 9:00 a.m. on Thursday,
May 11, 2017, and at any adjournments of that meeting.
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
Wulfsohn
69 AVIENT CORPORATION
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STOCK EXCHANGE LISTING
Avient's Common Stock is listed on the New York Stock Exchange, Symbol: AVNT
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Equiniti Trust Company
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
or 1-651-450-4064
www.shareowneronline.com
Additional information about Avient, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.avient.com or free of charge from:
Investor Relations
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 1-440-930-1000
ANNUAL MEETING
The annual meeting of Avient will be held virtually via live webcast at 9:00 a.m.
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Wells Fargo Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2815
or 1-651-450-4064
www.shareowneronline.com
Additional information about PolyOne, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.polyone.com or free of charge from:
Investor Affairs Administrator
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1000
ANNUAL MEETING
The annual meeting of shareholders of PolyOne will be held May 11, 2017 at 9:00 a.m. at
PolyOne’s Corporate headquarters, 33587 Walker Road, Avon Lake, Ohio.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address changes,
inquiries regarding stock certificates, or if you need tax information regarding your account,
please contact our transfer agent:
Wells Fargo Shareowner Services
1110 Center Point Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-800-468-9716
www.shareowneronline.com
Additional information about PolyOne, including current and historic copies of Form 10-K
and other reports filed with the Securities and Exchange Commission, is available online
at www.polyone.com or free of charge from:
Investor Affairs Administrator
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1522
ANNUAL MEETING
The annual meeting of shareholders of PolyOne Corporation will be held May 15, 2013 at
9:00 a.m. at PolyOne’s Corporate headquarters, 33587 Walker Road, Avon Lake, Ohio.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Equiniti Trust Company
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2815
or 1-651-450-4064
www.shareowneronline.com
Additional information about PolyOne, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.polyone.com or free of charge from:
Investor Affairs Administrator
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1000
ANNUAL MEETING
The annual meeting of shareholders of PolyOne will be held May 17, 2018 at 9:00 a.m. at
PolyOne’s Corporate headquarters, 33587 Walker Road, Avon Lake, Ohio.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
STOCK EXCHANGE LISTING
Avient's Common Stock is listed on the New York Stock Exchange, Symbol: AVNT
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Equiniti Trust Company
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
or 1-651-450-4064
www.shareowneronline.com
Additional information about Avient, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.avient.com or free of charge from:
Investor Relations
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1000
ANNUAL MEETING
The annual meeting of shareholders of Avient will be held virtually on May 12, 2022 at
9:00 a.m.
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
STOCK EXCHANGE LISTING
Avient's Common Stock is listed on the New York Stock Exchange, Symbol: AVNT
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Equiniti Trust Company
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
or 1-651-450-4064
www.shareowneronline.com
Additional information about Avient, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.avient.com or free of charge from:
Investor Relations
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1000
ANNUAL MEETING
The annual meeting of shareholders of Avient will be held virtually on May 11, 2023 at
9:00 a.m.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address changes,
inquiries regarding stock certificates, or if you need tax information regarding your account,
please contact our transfer agent:
Wells Fargo Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
www.shareowneronline.com
Additional information about PolyOne, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.polyone.com or free of charge from:
Investor Affairs Administrator
PolyOne Corporation
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1522
ANNUAL MEETING
The annual meeting of shareholders of PolyOne will be held May 15, 2014 at 9:00 a.m. at
PolyOne’s Corporate headquarters, 33587 Walker Road, Avon Lake, Ohio.
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address changes,
inquiries regarding stock certificates, or if you need tax information regarding your account,
please contact our transfer agent:
Wells Fargo Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
www.shareowneronline.com
Additional information about PolyOne, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.polyone.com or free of charge from:
Investor Affairs Administrator
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1522
ANNUAL MEETING
The annual meeting of shareholders of PolyOne will be held May 14, 2015 at 9:00 a.m. at
PolyOne’s Corporate headquarters, 33587 Walker Road, Avon Lake, Ohio.