-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TsriU7Dqh9b0L9LB7o8I9SQ7uwFQLn7CCl3ruQRfDjp5eZxCGuinpUkWZjKteu78 lZINDPS3yFDhEvy9q3I6Zw== 0001209191-08-015655.txt : 20080304 0001209191-08-015655.hdr.sgml : 20080304 20080304172827 ACCESSION NUMBER: 0001209191-08-015655 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080229 FILED AS OF DATE: 20080304 DATE AS OF CHANGE: 20080304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GINGO JOSEPH M CENTRAL INDEX KEY: 0001196387 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07459 FILM NUMBER: 08665002 BUSINESS ADDRESS: BUSINESS PHONE: 330-666-3751 MAIL ADDRESS: STREET 1: 3550 WEST MARKET STREET CITY: AKRON STATE: OH ZIP: 44333 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SCHULMAN A INC CENTRAL INDEX KEY: 0000087565 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 340514850 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 BUSINESS ADDRESS: STREET 1: 3550 W MARKET ST CITY: AKRON STATE: OH ZIP: 44333 BUSINESS PHONE: 3306663751 MAIL ADDRESS: STREET 1: 3550 W MARKET STREET CITY: AKRON STATE: OH ZIP: 44333 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-02-29 0 0000087565 SCHULMAN A INC SHLM 0001196387 GINGO JOSEPH M 3550 WEST MARKET STREET AKRON OH 44333 1 1 0 0 Chief Executive Officer Performance Shares 2008-02-29 4 A 0 100000 0.00 A Common Stock 100000 100000 D Performance-Based Restricted Stock Units 2008-02-29 4 A 0 24436 0.00 A Common Stock 24436 24436 D Award represents a grant of Performance Shares pursuant to the A. Schulman, Inc. (the "Company") 2006 Equity Incentive Plan (the "2006 Plan"), which may be settled for shares of common stock upon the occurrence of specific criteria. On March 1, 2011 (the "Settlement Date"), if between the Grant Date and the Settlement Date total shareholder returns on the Company's shares relative to a peer group of similar companies ("Share Value") is below the 25th percentile, all of the Performance Shares will be forfeited. If the Share Value meets or exceeds the 25th percentile, but is less than the 50th percentile, two-thirds (2/3) of the Performance Shares will be forfeited. If the Share Value meets or exceeds the 50th percentile, but is less than the 75th percentile, one-third (1/3) of the Performance Shares will be forfeited. If the Share Value meets or exceeds the 75th percentile, all Performance Shares will vest. On the Settlement Date, all vested Performance Shares shall be settled for shares of the Company's common stock on a 1-to-1 basis. Award represents a grant of Performance-Based Restricted Stock Units pursuant to the 2006 Plan. Performance-Based Restricted Stock Units will be settled for cash in an amount equal to the fair market value of a share of the Company's common stock, subject to certain performance criteria. All or a portion of the Performance-Based Restricted Stock Units will vest depending upon the Company's Net Income, Cash Flow (excluding capital expenditures) and Return on Invested Capital for the fiscal year. The relative weighting and performance targets for each of these goals are the same as the Company's cash incentive plan. Performance-Based Restricted Stock Units will be settled for cash within two and a half (2 1/2) months of the Company's fiscal year end, in an amount equal to the fair market value of a share of the Company's common stock on a 1-to-1 basis. /s/ Aaron S. Berke, attorney in fact for Joseph M. Gingo 2008-03-03 -----END PRIVACY-ENHANCED MESSAGE-----