Edgar Filing: SCHULMAN A INC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

ADAM ALAIN C

2. Issuer Name and Ticker or Trading Symbol
SCHULMAN A INC [SHLM]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
VP AUTOMOTIVE MARKETING

(Last)

(First)

(Middle)

2100 E. MAPLE ROAD

3. Date of Earliest Transaction (Month/Day/Year)
04/11/2007

(Street)

BIRMINGHAM, MI 48009

4. If Amendment, Date 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

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/11/2007		A		4,000	A ⁽¹⁾	$ 0	12,200	D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Performance Share Units ⁽²⁾

⁽³⁾

04/11/2007

1,000

04/11/2010

Common Stock

1,000

$ 0

1,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ADAM ALAIN C 2100 E. MAPLE ROAD BIRMINGHAM, MI 48009			VP AUTOMOTIVE MARKETING

Signatures

/s/ Aaron S. Berke, attorney in fact for Alain C. Adam		04/13/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	The reported award represents a grant of restricted stock pursuant to the A. Schulman, Inc. (the "Company") 2006 Equity Incentive Plan ("Plan"), half of which will vest over time and half of which will vest based upon the Company's total shareholder returns. For 2,000 of the restricted shares, the restrictions will lapse (i) with respect to 666 shares on April 11, 2008, (ii) with respect to 666 shares on April 11, 2009 and (iii) with respect to 667 shares on April 11, 2010. For the other 2,000 restricted shares, on April 11, 2010, if the market value of the Company's shares relative to a peer group of similar companies ("Share Value") is below the 25th percentile, 2,000 restricted shares will be forfeited. If the Share Value is between the 25th and 50th percentile, 1,000 restricted shares will be forfeited. If the Share Value is between the 50th and 75th percentile, none of the restricted shares will be forfeited.
(2)	The reported award represents a grant of performance shares under the Plan. These performance shares will vest, if at all, on April 11, 2010 if the Share Value is above the 75th percentile when compared to a peer group of similar companies.
(3)	1-for-1

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