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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*
Baert Bernard
(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)
05/25/2006 		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)
Vice President
 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 21,000 D
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) 12/04/1999 12/04/2006 Common Stock 1,269 21.375 D
Incentive Stock Option (right to buy) 05/07/2000 11/05/2007 Common Stock 1,515 25.1875 D
Non-Qualified Stock Option (right to buy) 05/07/2000 12/01/2009 Common Stock 6,969 10.625 D
Non-Qualified Stock Option (right to buy) 05/07/2000 11/04/2008 Common Stock 7,073 15 D
Non-Qualified Stock Option (right to buy) 12/04/1999 12/04/2006 Common Stock 1,268 21.375 D
Non-Qualified Stock Option (right to buy) 05/07/2000 11/05/2007 Common Stock 1,515 25.1875 D
Stock Appreciation Right (1) 12/11/2006 Common Stock 21,500 6.14 D
Stock Appreciation Right (2) 01/04/2013 Common Stock 37,500 6.51 D
Stock Appreciation Right 02/29/2004 02/28/2011 Common Stock 41,000 8.7 D
Stock Appreciation Right (3) 01/05/2012 Common Stock 18,600 8.94 D
Stock Appreciation Right 09/05/2002 09/05/2010 Common Stock 200 9 D
Stock Appreciation Right 03/26/2005 03/26/2012 Common Stock 47,500 12.22 D
Explanation of Responses:
1. SARs are exercisable upon vesting. As of November 16, 2004, 2/3rds of the SARs have vested with the remaining 1/3rd to vest when the market price of PolyOne common stock reaches $10 per share for three consecutive trading days.
2. 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 $7.50 per share; an additional 1/3 vests at a market price of $8.50 per share; and the remaining 1/3 vests at a market price of $10.00 per share; provided, however, that no vesting will occur sooner than one year from the grant date of January 4, 2006.
3. 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 vest at a market price of $9.84 per share; an additional 1/3 vests at a market price of $10.73 per share; and the remaining 1/3 vests at a market price of $11.63 per share.
By: Wendy C. Shiba, Power of Attorney For: Bernard Baert 06/05/2006
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Power of Attorney

Know all by these presents, that the undersigned hereby constitutes and
appoints each of Wendy C. Shiba, Kenneth M. Smith, Duane Myatt, and David
Solomon, signing singly, the undersigneds true and lawful attorney-in-fact to:

1. Execute for and on behalf of the undersigned, in the undersigneds
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-facts 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-facts 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 undersigneds 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 undersigneds 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 24th day of May, 2006.



Bernard Baert