SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
MEIER MICHAEL J

(Last) (First) (Middle)
POLYONE CENTER
33587 WALKER ROAD

(Street)
AVON LAKE OH 44012

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/05/2004
3. Issuer Name and Ticker or Trading Symbol
POLYONE CORP [ POL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Controller
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 982 D
Common Stock 13,629 I Savings Plan Trust(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) 04/01/2006 03/31/2007 Common Stock 2,900 6 D
Incentive Stock Option (right to buy) (2) 03/31/2013 Common Stock 7,100 6 D
Incentive Stock Option (right to buy) 02/28/2004 05/31/2004 Common Stock 1,800 8.7 D
Incentive Stock Option (right to buy) (3) 02/28/2011 Common Stock 1,700 8.7 D
Incentive Stock Option (right to buy) 03/26/2005 06/26/2005 Common Stock 1,400 12.22 D
Incentive Stock Option (right to buy) (4) 03/26/2012 Common Stock 1,800 12.22 D
Incentive Stock Option (right to buy) (5) 01/03/2010 Common Stock 6,177 16.1875 D
Non-Qualified Stock Option (right to buy) 09/05/2002 09/04/2010 Common Stock 200 9 D
Non-Qualified Stock Option (right to buy) (5) 01/03/2010 Common Stock 423 16.1875 D
Stock Appreciation Right (6) 12/10/2006 Common Stock 10,800 6.14 D
Explanation of Responses:
1. Holdings in the PolyOne Retirement Savings Plan as of 1/05/04.
2. The option becomes exercisable in three annual installments of 35%, 35%, and 30% starting April 1, 2004.
3. The option becomes exercisable in three annual installments of 35%, 35%, and 30% starting February 28, 2002.
4. The option becomes exercisable in three annual installments of 35%, 35%, and 30% starting March 26, 2003.
5. The option becomes exercisable in three annual installments of 35%, 35%, and 30% starting January 3, 2001.
6. SARs are exercisable upon vesting. Vesting occurs when the market price of the PolyOne common stock reaches pre-determined levels for three consecutive days as follows: 1/3 vests at a market price of $8 per share; an additional 1/3 vests at a market price of $9 per share; and the remaining 1/3 vests at a market price of $10 per share.
By: Wendy C. Shiba, Power of Attorney For: Michael J. Meier 01/14/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Power of Attorney

Know all by these presents, that the undersigned hereby constitutes and
appoints each of Woodrow W. Ban, Pamela D. Delligatti, Wendy C. Shiba and
Francis G. Titas, signing singly, the undersigned's true and lawful attorney-
in-fact to:

1. Execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer and/or director of PolyOne
Corporation (the "Corporation"), Forms 3, 4, and 5 in accordance
with Section 16(a) of the Securities Exchange Act of 1934 and the
rules thereunder; and

2. Do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Form 3, 4, or 5 and timely file such form with
the United States Securities and Exchange Commission and any
stock exchange or similar authority; and

3. Take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may
be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact
may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of
the undersigned, are not assuming, nor is the Corporation assuming, any of
the undersigned's responsibility to comply with Section 16 of the Securities
Exchange Act of 1934.

	This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Corporation, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 5th day of  January, 2004.



						_____________________________________
						Michael J. Meier