https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Align Executive Compensation
with Shareholders’ Interests
Focusing incentive programs on the critical performance measures that determine
PolyOne’s overall success and reward executives for the attainment of short-term
results, balanced with the need for sustainable long-term success.
The Compensation Committee’s evaluation demonstrated that the performance measures
utilized for this program are the most critical elements of PolyOne’s performance for both 2014 and 2015 and, when
combined, contribute to sustainable growth.
The SARs were also subject to performance-based vesting and vested
upon the attainment of stock price hurdles (based on PolyOne’s closing stock price and sustained for thirty
consecutive trading days) for our common shares as follows: one-third at $16.07; one-third at $16.80; and one-
third at $17.53.