|                   |
|-------------------|
|                   |  |  |
| (Amendment No. 1) |
|              |   |   |
| R                 |   | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|        |
|--------|
|        |  |  |
|   |   |   |
| o      |   | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|                                                                       |
|-----------------------------------------------------------------------|
|                                                                       |  |
|                                                                  |
|                                                                  |   |
| Delaware(State or other jurisdictionof incorporation or organization) | 43-0761773(I.R.S. EmployerIdentification No.) |

|                                                                                               |
|-----------------------------------------------------------------------------------------------|
|                                                                                               |  |  |
|                                                                                          |
| Common Stock, $.75 par valueSeries Z Preferred Stock, $1.00 par valueTitle of each class |   | New York Stock ExchangeName of each exchange on which registered |

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|                                |
|--------------------------------|
|                                |  |  |  |
| Large accelerated filer o | Accelerated filer R | Non-accelerated filer o(Do not check if a smaller reporting company) | Smaller reporting company o |

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EXPLANATORY NOTE

PART III

ITEM 10. Directors, Executive Officers and Corporate Governance

Board of Directors

Audit Committee

Board of Director Nominations

Code of Ethics

Section 16(A) Beneficial Ownership Reporting Compliance

ITEM 11. Executive Compensation

Compensation of Directors

Director Compensation Table

Compensation Committee Interlocks and Insider Participation

Compensation Discussion and Analysis

Compensation Committee Report

Compensation of Executive Officers

Summary Compensation Table

Grants of Plan-Based Awards

Outstanding Equity Awards

Option Exercises and Restricted Stock Vested

Nonqualified Deferred Compensation

Potential Payments upon Termination or Change in Control

ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management

Changes in Control

Equity Compensation Plan Information

ITEM 13. Certain Relationships and Related Transactions and Director Independence

Director Independence

Certain Business Relationships and Transactions

ITEM 14. Principal Accounting Fees and Services

Fees Paid to Independent Registered Accounting Firm

PART IV

ITEM 15. Exhibits and Financial Statement Schedules

SIGNATURES

Exhibit 31.1

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Exhibit 31.2

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|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |
|    Name, Term and Age        | Director Biographical Information |   |
| Ralph B. AndyDirector since 1998Age, 68     | Mr. Andy has served as non-executive Chairman of the Board of the Company since January 2008. He is the Chairman and President of Pennatronics Corp., a provider of contract electronic manufacturing services, serving in such capacity since 2000. Prior to his association with Pennatronics, Mr. Andy was founder, Chairman and Chief Executive Officer of Polycom Huntsman, Inc. Mr. Andy brings to the Board more than 30 years of experience in the plastic compounding industry, including significant leadership, operational, manufacturing knowledge and international experience from his roles at both Polycom Huntsman and Pennatronics. Mr. Andy has significant board experience, including previous service as Chairman of the Company’s Compensation Committee and a member of the Company’s Audit and Governance Committees and current service as the Chairman of the Board of Trustees at The Washington Hospital. |   |
|                                        |   |   |
| Lloyd E. CampbellDirector since 2002Age, 55 | Mr. Campbell is a consultant in the New York office of Spencer Stuart, a global executive search firm. Prior to joining Spencer Stuart in May 2008, Mr. Campbell spent seven years with Rothschild North America as a managing director and global partner. For six years, he led the private finance group, reporting to the CEO of Rothschild NA.  Before Rothschild, Mr. Campbell spent 16 years with Credit Suisse First Boston where he started as an associate and rose to managing director of the private finance group.  He first began his career with Teachers Insurance and Annuity Association, where he was a member of the private placement department for five years, responsible for institutional placement investments in corporate entities. Mr. Campbell brings more than 30 years of financial and accounting and international experience to the Board from these positions. Additionally, Mr. Campbell brings cross-board experience to the Board. Mr. Campbell currently sits on the board of The Guardian Life Insurance Company of America and is Special Advisor to Aurora Management Partners LLC. He previously served on the boards of Alderwoods Group, Argyle Security and Georgetown University. Additionally, he served as a senior adviser to Rothschild’s merchant banking activities. |   |
|                                        |   |   |
| Edward J. DineenDirector since 2006Age, 58  | Mr. Dineen is Chief Executive Officer of LS9, Inc., an industrial biotechnology company, serving in such capacity since December 2010. Mr. Dineen previously served as Chief Operating Officer of LyondellBasell Industries (NYSE: LYB), one of the world’s largest petrochemical, fuels, and polymers companies, and was a member of its Management Board until his departure in December 2009. Mr. Dineen held a series of senior executive positions with LyondellBasell from 1998 until assuming his position as COO in March 2009. In January 2009, LyondellBasell’s U.S. operations and one of its European holding companies voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code. Prior to joining LyondellBasell, Mr. Dineen was with ARCO Chemicals for over 20 years. Mr. Dineen brings more than 30 years of industry, operational, leadership, manufacturing and international experience, as well as strategic planning experience, to the Board from his positions at LS9, LyondellBasell, and ARCO Chemicals. |   |
|                                        |   |   |

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|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |
|    Name, Term and Age       | Director Biographical Information |   |
| Victoria M. HoltDirector since 2005Age, 55 | Ms. Holt is President and Chief Executive Officer of the Company, serving in such capacity since September 2010, and serving on our board since 2005. From January 2003 to September 2010, Ms. Holt was Senior Vice President, Glass and Fiber Glass, for PPG Industries, Inc. (NYSE: PPG), a global manufacturer of coatings, chemicals, and glass products. Prior to joining PPG, Ms. Holt was Vice President of Performance Films for Solutia Inc. (NYSE: SOA). She began her career at Solutia’s predecessor, Monsanto Company (NYSE: MON), where she held various sales, marketing, and global general management positions. Ms. Holt brings leadership, strategic planning, industry, operational, manufacturing and international experience to the Board. Ms. Holt currently sits on the board of Waste Management, Inc. |   |
|                                       |   |   |
|                                       | Walter J. KleinDirector since 2003Age, 66 | Mr. Klein, a CPA, was Vice President, Finance for Stepan Company (NYSE: SCL), a global manufacturer of specialty and intermediate chemicals, from 1992 until his retirement in April 2002. In such capacity, Mr. Klein served as a member of Stepan’s executive leadership team and led the company’s finance organization. Prior to serving as Vice President, Finance for Stepan, he served in other finance and accounting positions, including serving as the company’s controller. Mr. Klein brings more than 30 years of financial and accounting experience, as well as leadership, industry, and international experience, to the Board. Mr. Klein also has cross-board experience, having previously served as a member of the board of directors and chairman of the audit committee of Argyle Security. |
|                                       |   |   |
|                                       | Pamela F. LenehanDirector since 2004Age, 60 | Ms. Lenehan is President of Ridge Hill Consulting, LLC, a strategy consulting firm, serving in such capacity since June 2002. Prior to joining Ridge Hill Consulting, Ms. Lenehan was Vice President and Chief Financial Officer of Convergent Networks, Inc. (March 2000-September 2001), and Senior Vice President - Corporate Development and Treasurer of NYSE-listed Oak Industries, Inc. (1995-2000) until it was acquired by Corning. Prior to that Ms. Lenehan was a Managing Director in Credit Suisse First Boston’s Investment Banking Division and a Vice President at Chase Manhattan Bank. Ms. Lenehan brings more than 30 years of financial and accounting and strategic planning experience to the Board. She also has cross-board experience. Ms. Lenehan currently serves on the board of directors of American Superconductor Corporation (NASDAQ: AMSC), Monotype Imaging Inc. (NASDAQ: TYPE) and privately-held National Mentor Holdings. She also chairs the compensation committee and serves on the audit committee of Monotype Imaging and chairs the audit committees of American Superconductor Corporation and National Mentor Holdings. Ms. Lenehan also previously served on the board of directors of Avid Technology. She holds a Masters Professional Director Certification from the American College of Corporate Directors, a national public company director education organization. |
|                                       |   |   |
|                                       | Jackson W. RobinsonDirector since 1993Age, 70 | Mr. Robinson was Chairman of the Board of the Company from May 2005 to January 2008. He is a Partner of Brown Advisory Holdings, Inc., a full-service investment firm. Mr. Robinson also serves as Founder and Managing Partner of Winslow Management Company, which he founded in 1983 and which is now a separate operating group of Brown Advisory. Mr. Robinson brings more than 30 years of financial and accounting, leadership, and strategic planning experience to the Board, with a particular focus on sustainability. He also provides cross-board experience having served as a director and member of the audit committee of Jupiter European Opportunities Trust PLC, a closed-end mutual fund listed on the London Stock Exchange, for over ten years ending in 2011, and currently serving as a trustee for Suffield Academy in Connecticut where he serves as the investment committee chair. |
|                                       |   |   |
|                                       | Craig A. WolfangerDirector since 2001Age, 54 | Mr. Wolfanger is founder, President and Chief Executive Officer of Raptor Partners LLC, an investment banking firm. Prior to forming Raptor Partners in 2005, Mr. Wolfanger was Senior Managing Director and Head of Investment Banking for Parker/Hunter Incorporated. Prior to joining Parker/Hunter, he was a partner at Alex Brown & Sons, managing its New York investment banking practice. Mr. Wolfanger started his career as an investment banker with Kidder, Peabody & Co. Mr. Wolfanger provides nearly 30 years of experience in strategic planning, financial and accounting, and leadership experience to the Board. |

----

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|                     |
|---------------------|
|                     |  |  |  |  |  |  |  |  |  |
| Director            | Fees Earned or Paid in Cash | Stock Awards (1) | Total |
| Ralph B. Andy       | $ | 165,000 |  | $ | 50,000 |  | $ | 215,000 |  |
| Lloyd E. Campbell   | $ | 85,000 |  | $ | 50,000 |  | $ | 135,000 |  |
| Edward J. Dineen    | $ | 82,500 |  | $ | 50,000 |  | $ | 132,500 |  |
| Walter J. Klein     | $ | 85,000 |  | $ | 50,000 |  | $ | 135,000 |  |
| Pamela F. Lenehan   | $ | 85,000 |  | $ | 50,000 |  | $ | 135,000 |  |
| Jackson W. Robinson | $ | 82,500 |  | $ | 50,000 |  | $ | 132,500 |  |
| Craig A. Wolfanger  | $ | 85,000 |  | $ | 50,000 |  | $ | 135,000 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Amounts reported in this column represent the grant date fair value of restricted stock unit grants made during fiscal 2012, calculated in accordance with Financial Accounting Standards Board, Accounting Standards Codification, 718, Compensation – Stock Compensation. Restricted stock units are fully vested upon grant, but are not subject to distribution until after the director’s service on the Board is terminated. |

|                     |
|---------------------|
|                     |  |  |  |
| Director            | Restricted Stock | Stock Options | Restricted Stock Units (1) |
| Ralph B. Andy       | 75,484 | - | 15,676 |
| Lloyd E. Campbell   | 5,602 | - | 32,204 |
| Edward J. Dineen    | 5,602 | - | 27,892 |
| Walter J. Klein     | 5,602 | 15,000 | 32,204 |
| Pamela F. Lenehan   | 5,602 | - | 30,759 |
| Jackson W. Robinson | 6,723 | - | 33,767 |
| Craig A. Wolfanger  | 5,602 | - | 32,204 |

|     |                                                                                                               |
|-----|---------------------------------------------------------------------------------------------------------------|
| (1) | Includes additional restricted stock units related to dividends declared on the Company’s Common Stock. |

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|                                                                               |
|-------------------------------------------------------------------------------|
|                                                                               |  |  |  |  |  |  |  |  |  |  |
|                                                                          | Fiscal Year Ended |   | Percent Increase |
|                                                                          | November 3, 2012 |   | October 29, 2011 |   |
|                                                                          | (in millions except per share data) |
| Net Sales                                                                     | $ | 1,149 |  |   | $ | 1,102 |  |   | 4 | % |
| Operating earnings excluding special items                                    | $ | 24.4 |  |   | $ | 21.1 |  |   | 16 | % |
| Diluted earnings per share from continuing operations excluding special items |    $   0.28 |  |   |    $   0.20 |  |   |       40% |  |
| Net cash provided by operating activities                                     | $ | 44.3 |  |   | $ | 42.3 |  |   | 5 | % |

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|         |                                                                                                                                                                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Annual performance-based awards under our Short-Term Incentive Plan and performance awards under our Long-Term Incentive Plan do not pay out and would have no value if we do not achieve performance thresholds set by the Committee for each type of award; |

|         |                                                                                                                                                                                                                                                                                                                                                   |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Even when we achieve the respective performance thresholds, annual performance-based awards under our Short-Term Incentive Plan and performance awards under our Long-Term Incentive Plan generally will not pay out at the target level unless we achieve performance targets substantially exceeding the respective performance thresholds; and |

|         |                                                                                                                                   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------|
| • | Awards of SSARs only have value to the extent our stock price increases from the stock price on the date the awards were granted. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Committee reviewed base salaries and approved market-based increases for certain executive officers effective November 1, 2012. This was the first annual salary increase for our CEO since she became CEO. Based on an analysis performed by Pearl Meyer, the Committee determined that Ms. Holt and four other executive officers receive increases because their previous salaries were below market. In addition, the Committee determined based on the analysis that the salaries of the other four executive officers would not be increased as they were already at market. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Company achieved $57.65 million adjusted EBITDA for the 2012 fiscal year, which exceeded its adjusted EBITDA threshold for the 2012 fiscal year under the Short-Term Incentive Plan and accordingly, annual bonus payments were earned under that plan. The plan provided that no payout would be earned unless the Company achieved at least $54.2 million adjusted EBITDA for fiscal 2012. Other than the individual objectives discussed below, adjusted EBITDA was the only performance metric for the fiscal 2012 performance period. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Committee reviewed the performance of each named executive officer in his or her area of responsibility and the achievement of individual objectives. Based on these evaluations and the performance under the adjusted EBITDA metric, the Committee awarded the cash bonuses in the table below under the Short-Term Incentive Plan for our 2012 fiscal year. Mr. Marcely also received an additional bonus of $100,000 based on the terms of his transition to a leadership role in our Custom Sheet and Rollstock segment. |

|                         |
|-------------------------|
|                         |  |
| Named Executive Officer | Short-Term Incentive Plan Award |
| Victoria M. Holt        | $405,899 |
| Randy C. Martin         | $180,069 |
| Timothy P. Feast        | $181,064 |
| Rosemary L. Klein       | $117,086 |
| Michael G. Marcely      | $131,686 |

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|         |                                                                                                                                                                                                                                                                                                |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Committee granted SSARs and performance cash awards under our Long-Term Incentive Plan during fiscal 2012 as shown in the table below. The performance cash awards would be payable at the end of the 2012 to 2014 performance period upon the achievement of specified performance goals. |

|                         |
|-------------------------|
|                         |  |  |
| Named Executive Officer | SSARS | Long-Term Incentive Plan Award |
| Victoria M. Holt        | 114,286 | $480,000 |
| Randy C. Martin         | 38,143 | $160,000 |
| Timothy P. Feast        | 32,946 | $138,376 |
| Rosemary L. Klein       | 32,143 | $135,000 |
| Michael G. Marcely      | 27,536 | $115,650 |

|         |                                                                                                                                                                                   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Committee did not make any performance awards under our Long-Term Incentive Plan for the 2010 to 2012 fiscal period and, accordingly, no payouts were earned for this period. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Committee determined that awards granted under our Long-Term Incentive Plan for fiscal 2013 would include grants of time-vested restricted stock and SSARs. In establishing the dollar amount of the awards for 2013, the Committee considered the dollar amounts associated with awards made in prior years, as well as market and peer group data provided by Pearl Meyer, and the expected timing of the pending merger transactions with PolyOne corporation. The Committee determined to include a “double-trigger” change of control provision in the awards so that accelerated vesting of awards will now only occur if a change of control occurs and the employee is terminated by the Company without cause or the employee terminates employment for good reason in connection with, or within the 24 months following, the change of control. |

|                    |
|--------------------|
|                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Executive Officer  | Base Salary(1) | Target Annual Performance-Based Bonus(1) | SSARs | Target Long-Term Performance Award(2) | Total Target Compensation | Percent “At-Risk” | Actual 2012 Total Compensation |
| Victoria M. Holt   |  | $650,000 |  |  | $650,000 |  |  | $331,429 |  |  | $480,000 |  | $2,111,429 | 69% | $1,421,828 |
| Randy C. Martin    |  | $356,000 |  |  | $213,600 |  |  | $110,615 |  |  | $160,000 |  | $840,225 | 58% | $ | 684,184 |  |
| Timothy P. Feast   |  | $307,500 |  |  | $153,750 |  |  | $95,543 |  |  | $138,000 |  | $664,793 | 54% | $ | 611,589 |  |
| Rosemary L. Klein  |  | $300,000 |  |  | $150,000 |  |  | $93,215 |  |  | $135,000 |  | $679,215 | 56% | $ | 545,033 |  |
| Michael G. Marcely |  | $252,000 |  |  | $126,000 |  |  | $79,854 |  |  | $115,650 |  | $573,504 | 57% | $ | 623,948 |  |

|     |                                                                                                                                 |
|-----|---------------------------------------------------------------------------------------------------------------------------------|
| (1) | Base salary and target annual performance-based bonus under our Short-Term Incentive Plan are presented as of October 29, 2011. |

|     |                                                                                                                                                                                      |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Represents threshold and target payout (which were the same for these awards) after completion of three-year (2012-2014) performance period if the performance metrics are achieved. |

|         |                                                                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our short- and long-term performance-based cash programs are based on the achievement of objective metrics that we view as critical long-term value drivers. |

|         |                                                                                                                                                                            |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | We grant annual equity awards so our executive officers have unvested awards that incentivize them to increase stockholder value and achieve long-term growth and success. |

|         |                                                                                                |
|---------|------------------------------------------------------------------------------------------------|
| • | Our executive officers are subject to stock ownership guidelines and a no hedging policy. |

|         |                                                                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Our short- and long-term award agreements include forfeiture and cancellation provisions that are triggered upon the occurrence of certain events. |

|         |                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------|
| • | We do not offer tax gross-up payments, including excise tax gross-up payments, in connection with our compensation programs. |

|         |                                                                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------|
| • | We do not offer perquisites to executive officers other than those available to other employees such as medical and disability insurance programs. |

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|         |                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Committee's independent compensation consultant, Pearl Meyer, is retained directly by the Committee and performs services solely in support of the Committee. |

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |  |  |  |
| Elements of Compensation |   | Description |   | Purpose |
| Short-Term  Compensation |   | Base Salary |   | •  |   | Fixed annual compensation that is payment for a satisfactory level of individual performance |   | •  |   | To attract and retain talent |
|                     |   |   |   |   |   |   |   |   |   |   |
|                     |   | Performance-Based Bonus |   | •  |   | An annual opportunity with actual payouts contingent upon Committee-approved financial and individual performance goals |   | •  |   | To focus management on short-term (one-year) financial results in targeted areas or in the case of individual targets, to focus on non-financial metrics |
|                     |   |   |   |   |   |   |   |   |   |   |
| Long-Term Incentive      |   | Stock-Settled Stock Appreciation Rights (SSARs) |   | •  |   | Grants that upon exercise give the holder the right to receive the net appreciation in market value of a specified number of shares of our common stock over a base price |   | •  |   | To motivate executives to drive long-term increases in common stock market price |
|                     |   |   |   |   |   |   |   | •  |   | To align executives’ interests with those of shareholders |
|                     |   |   |   |   |   |   |   |   |   |   |
|                     |   | Performance Cash Awards |   | •  |   | Long-term cash incentive awards with actual payouts contingent upon Committee-approved financial performance goals measured over a three-year period. |   | •  |   | To focus management on long-term (three-year) financial results in targeted areas |
|                     |   |   |   |   |   |   |   | •  |   | To align executives’ interests with those of shareholders |
|                     |   |   |   |   |   |   |   |   |   |   |
| Benefit Plans            |   | 401(k), Life Insurance, and Medical Benefits |   | •  |   | Standard benefit plans provided by similar firms |   | •  |   | To provide market-competitive benefits |
|                     |   |   |   |   |   |   |   |   |   |   |
|                     |   | Deferred Compensation |   | •  |   | Annual defined contributions into a non-qualified executive deferred compensation plan |   | •  |   | To serve as a partial substitute for our lack of a defined benefit retirement plan and contribution limits on 401(k) Plan contributions |
|                     |   |   |   |   |   |   |   |   |   |   |
|                     |   |   |   |   |   |   |   | •  |   | To provide a retention tool and retirement benefit without incurring the significant costs of a supplemental executive retirement plan or a traditional pension plan |

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|         |                                                                         |
|---------|-------------------------------------------------------------------------|
| ▪ | Revenue between ½ and 2 times our most recent fiscal year revenue; |

|         |                                                                  |
|---------|------------------------------------------------------------------|
| ▪ | Operation in the plastics, or another similar, related industry; |

|         |                                                               |
|---------|---------------------------------------------------------------|
| ▪ | Generally overlapping labor market for recruiting top talent; |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| ▪ | Firms that include the Company as a peer in their proxy statement; |

|         |                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------|
| ▪ | Firms included in shareholder advisor reports regarding the Company (e.g., ISS and Glass Lewis); and |

|         |                                                      |
|---------|------------------------------------------------------|
| ▪ | Status as a publicly-traded, U.S.-based corporation. |

----

|                   |
|-------------------|
|                   |  |  |  |  |  |  |  |  |  |  |
| Employee Name     | Previous Salary | Salary Increase % | Salary Increase Amount $ | New Salary |
| Victoria M. Holt  |  | $650,000 |  | 4.9% |  | $32,000 |  |  | $682,000 |  |
| Timothy P. Feast  |  | $307,500 |  | 2.4% |  | $7,500 |  |  | $315,000 |  |
| Rosemary L. Klein |  | $300,000 |  | 5% |  | $15,000 |  |  | $315,000 |  |

|                         |
|-------------------------|
|                         |  |  |  |
|                    | Threshold | Target | Maximum |
| Fiscal 2012 Performance | $54.2 | $61.1 | $73.3 |
| Multiplier              | N/A | 1.00 | 2.00 |

|                    |
|--------------------|
|                    |  |
| Executive          | Individual Objectives |
| Randy C. Martin    | Explore opportunities to further reduce overhead costs through reduction of layers and shifting of roles and responsibilities; complete Mexico tax restructuring project; and achieve process improvements in working capital management and accounts payable function. |
| Timothy P. Feast   | Achieve financial performance targets in the Color & Specialty Compounds segment; continue improvements in operational and safety performance; and continue to improve overall customer satisfaction.  The EBITDA portion of the Short-Term Incentive Plan award is based fifty percent on segment EBITDA performance and fifty percent on Company EBITDA performance. |
| Rosemary L. Klein  | Successfully manage the Company’s litigation matters; mitigate the Company’s exposure to environmental issues; complete compliance improvement and training initiatives. |
| Michael G. Marcely | Lead turnaround efforts in the Custom Sheet and Rollstock segment; manage profit maximization steering team for the segment; and manage training initiatives and priorities for the segment.  The EBITDA portion of the Short-Term Incentive Plan award is based fifty percent on segment EBITDA performance and fifty percent on Company EBITDA performance. |

----

----

|                    |
|--------------------|
|                    |  |
| Executive Officer  | Award for 2012-2014 Performance Period |
| Victoria M. Holt   | $480,000 |
| Randy C. Martin    | $160,100 |
| Timothy P. Feast   | $138,376 |
| Rosemary L. Klein  | $135,000 |
| Michael G. Marcely | $115,650 |

----

----

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |
|                                    | Voluntary Resignation without “Good Reason” | Termination by the Company for “Cause” | Termination by the Company without “Cause” OR Resignation for “Good Reason” | Death or Disability | Consideration Payable Upon a Change in Control |
| Severance and Non-competition Agreement | Not entitled to any severance. | Not entitled to any severance. | Entitled to receive 12 months’ base salary (24 months’ base salary for Ms. Holt) at the highest rate paid in the preceding three years prior to termination, plus the average annual bonus (two times the average annual bonus for Ms. Holt) paid for the preceding three fiscal years, plus 12 months’ continuation of health insurance benefits (24 months for Ms. Holt) | Not entitled to any severance. | Double trigger for payment requiring Change in Control and termination of employment.Entitled to receive 18 months’ base salary (24 months’ base salary for Ms. Holt) at the highest rate paid in the preceding three years prior to termination, plus one-and-a-half times the officer’s target annual bonus (two times the target annual bonus for Ms. Holt), plus 18 months’ continuation of health insurance benefits (24 months for Ms. Holt) |
| Deferred Compensation Plan              | Unvested portion of account forfeited. | Account is cancelled and forfeited. | Unvested portion of account forfeited. | Accelerate vesting so account is 100% vested. | Accelerate vesting so account is 100% vested but not payable until termination of employment. |
| Stock Options and SSARs                 | All options and SSARs are forfeited and may not be exercised; provided, however, that for SSARs issued after May 2008, an officer who voluntarily resigns would have up to 60 days after his or her resignation to exercise any vested SSARs. | All options and SSARs are forfeited. | Any unvested options and SSARs are forfeited.  Vested options or SSARs would remain exercisable for one year (or three months in the case of tax-qualified incentive stock options), but not later than the original expiration date. | Accelerate vesting so all unvested options and SSARs would vest and all options or SSARs would remain exercisable for one year, but not later than the original expiration date and in the event of disability would remain exercisable until the original expiration date (or one year in the case of tax-qualified incentive stock options). | Accelerate vesting so all unvested options and SSARs would vest.For SSARs granted on or after December 12, 2012, vesting will only accelerate if a change of control occurs and the employee is terminated by the Company without cause or the employee terminates employment for Good Reason within 24 months following the change of control. |
| Restricted Stock Awards                 | All unvested shares are cancelled. | All unvested shares are cancelled. | All unvested shares are cancelled. | Accelerate vesting so all unvested shares would immediately vest. | Accelerate vesting so all unvested shares would immediately vest.For restricted stock granted on or after December 12, 2012, vesting will only accelerate if a change of control occurs and the employee is terminated by the Company without cause or the employee terminates employment for Good Reason within 24 months following the change of control. |
| Performance Cash Awards                 | The award is cancelled without payment. | The award is cancelled without payment. | The award is cancelled without payment. | The award is cancelled without payment. | The performance period for outstanding performance cash awards would immediately end, and the award would be paid out based on the degree to which the performance criteria specified in each award have been satisfied at that time. |
| Short-Term Incentive Plan Awards        | The award is cancelled without payment. | The award is cancelled without payment. | The award is cancelled without payment. | The award is cancelled without payment. | The performance period for the current fiscal year would immediately end, and the award would be paid out pro rata based on the degree to which the performance criteria specified for the fiscal year have been satisfied at that time. |

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|         |                                                                                                                                       |
|---------|---------------------------------------------------------------------------------------------------------------------------------------|
| ▪ | the compensation program design provides a balanced mix of cash and equity, annual and long-term incentives, and performance metrics; |

|         |                                                                                                                                              |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------|
| ▪ | for the executive compensation program, maximum payout levels for annual performance-based bonuses are capped at 200 percent of target; |

|         |                                                                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------|
| ▪ | the Committee retains negative discretion over annual performance-based bonuses and performance shares applicable to the named executive officers; |

|         |                                                                   |
|---------|-------------------------------------------------------------------|
| ▪ | executive officers are subject to stock ownership guidelines; and |

|         |                                                                                                  |
|---------|--------------------------------------------------------------------------------------------------|
| ▪ | compensation plans contain multiple metrics and performance periods within the same fiscal year. |

|                                                                                                                     |
|---------------------------------------------------------------------------------------------------------------------|
|                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name and Principle Position                                                                                         | Fiscal Year | Salary(1) | Bonus(2) | Stock Awards(3) | Option Awards(4) | Non-Equity Incentive Plan Compensation (5) | All Other Compensation(6) | Total |
| Victoria M. Holt   President and Chief Executive Officer(7)                                          | 2012 | $ | 650,000 |  |    - |    - | $ | 331,429 |  | $ | 405,899 |  | $ | 34,500 |  | $ | 1,421,828 |  |
| 2011                                                                                                                | 650,000 |  |     - |    - |    - |    - | 243,005 |  | 893,005 |  |
| 2010                                                                                                                | 92,500 |  | 250,000 | 933,331 | 933,333 |  |    - | 68,444 |  | 2,277,608 |  |
| Randy C. Martin   Executive Vice President – Corporate Development and Chief Financial Officer | 2012 | 356,000 |  |    - |    - | 110,615 |  | 180,069 |  | 37,500 |  | 684,184 |  |
| 2011                                                                                                                | 356,000 |  |     - |    - | 61,596 |  |    - | 58,650 |  | 476,246 |  |
| 2010                                                                                                                | 356,000 |  |     - | 189,500 | 322,695 |  | 32,040 |  | 18,891 |  | 919,126 |  |
| Timothy P. Feast   Senior Vice President, Color & Specialty Compounds(8)                         | 2012 | 307,500 |  |    - |    - | 95,543 |  | 181,064 |  | 27,482 |  | 611,589 |  |
| 2011                                                                                                                | 150,577 |  | 80,000 | 42,000 | 62,100 |  |    - | 120,451 |  | 455,128 |  |
| 2010                                                                                                                |    N/A |    N/A |    N/A |    N/A |    N/A |    N/A |    N/A |
| Rosemary L. Klein   Senior Vice President, General Counsel and Corporate Secretary                   | 2012 | 300,000 |  |    - |    - | 93,215 |  | 117,086 |  | 34,732 |  | 545,033 |  |
| 2011                                                                                                                | 276,923 |  |    - |    - | 50,976 |  |    - | 30,635 |  | 358,534 |  |
| 2010                                                                                                                | 275,000 |  |    - | 112,302 | 191,225 |  | 41,250 |  |    - | 619,777 |  |
| Michael G. Marcely   Senior Vice President, Sheet Turnaround                                         | 2012 | 278,154 |  | 100,000 |    - | 79,854 |  | 131,686 |  | 34,254 |  | 623,948 |  |
| 2011                                                                                                                | 252,385 |  |    - |    - | 57,348 |  |    - | 58,876 |  | 368,609 |  |
| 2010                                                                                                                | 252,000 |  |    - | 112,302 | 191,225 |  | 37,800 |  | 17,958 |  | 611,285 |  |

----

|     |                                                                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Amounts shown include amounts that certain executive officers elected to defer, on a discretionary basis, to our nonqualified deferred compensation plan. |

|     |                                                                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | For 2012, the amount in this column reflects a bonus for Mr. Marcely paid in connection with his transition to a leadership role in our Custom Sheet and Rollstock segment. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | The amounts in this column reflect the grant date fair value for restricted stock and performance share awards at a 1.0x payout factor. Under the Company’s performance share award plan, the maximum payout factor is 2.0x. Assumptions used in the calculation of these amounts are included in the footnote “Stock-Based Compensation” included in the Company’s audited financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended November 3, 2012. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | The amounts in this column reflect the grant date fair value for stock option and stock-settled stock appreciation right awards. Assumptions used in the calculation of these amounts are included in the footnote “Stock-Based Compensation” included in the Company’s audited financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended November 3, 2012. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5) | The amounts shown in this column reflect cash awards payable to named executive officers under the Company’s Short-Term Incentive Plan, based on the Company’s achievement of specified performance goals set annually by the Compensation Committee. For an explanation of the determination of these awards, see “Short-Term Compensation Elements” in the “Compensation Discussion and Analysis” section above. |

|     |                                                                             |
|-----|-----------------------------------------------------------------------------|
| (6) | For our 2012 fiscal year, All Other Compensation consists of the following: |

|                                                                                                               |
|---------------------------------------------------------------------------------------------------------------|
|                                                                                                               |  |  |  |  |  |  |  |  |  |
| Name and Principle Position                                                                                   | Company Contributions to Nonqualified Deferred Compensation Plan(a) | Company Matching Contributions to 401(k) Plan(b) | Total All Other Compensation |
| Victoria M. Holt   President and Chief Executive Officer                                       | $ | 30,000 |  | $ | 4,500 |  | $ | 34,500 |  |
| Randy C. Martin   Executive Vice President - Corporate Development and Chief Financial Officer | $ | 30,000 |  | $ | 7,500 |  | $ | 37,500 |  |
| Timothy P. Feast   Senior Vice President, Color & Specialty Compounds                      | $ | 27,482 |  | $   - | $ | 27,482 |  |
| Rosemary L. Klein   Senior Vice President, General Counsel and Corporate Secretary             | $ | 27,232 |  | $ | 7,500 |  | $ | 34,732 |  |
| Michael G. Marcely   Senior Vice President, Sheet Turnaround                                   | $ | 27,000 |  | $ | 7,254 |  | $ | 34,254 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | Contributions to the deferred compensation plan are intended to be a partial substitute for the Company’s lack of a defined benefit retirement plan and to address the limits on permitted 401(k) plan contributions.  The Company credits each participant’s account with an amount equal to 10% of the participant’s cash compensation for the preceding calendar year, with a maximum annual credit of $30,000. Further information about the Plan is provided in the table captioned “Nonqualified Deferred Compensation for fiscal 2012,” below, and related notes.   |

|     |                                                                                                                                                                                               |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | For all employees participating in the Company’s 401(k) plan, the Company contributes an amount equal to 50% of employee contributions, up to a maximum of 3% of eligible compensation. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (7) | Ms. Holt served on the Board as an independent director and member of the Compensation and Governance Committees during the majority of fiscal 2010 until her appointment as President and Chief Executive Officer in September 2010. Ms. Holt received $68,444 in fees which is included in the ‘All Other Compensation’ column of the table for her service as a non-employee director during fiscal 2010. See the “Compensation Discussion and Analysis” section above for a discussion of Ms. Holt’s compensation once appointed as President and Chief Executive Officer. |

|     |                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------|
| (8) | Mr. Feast joined the Company as its Senior Vice President, Color & Specialty Compounds in May 2011. |

----

----

|                                                                                                              |
|--------------------------------------------------------------------------------------------------------------|
|                                                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name and Principle Position                                                                                  | Type of Award | Grant Date | Estimated Possible Payouts Under Non-Equity Incentive Plan Awards (1)(2) | All Other Stock Awards:  Number of Shares or Stock or Units | All Other Option Awards:  Number of Securities Underlying Options | Exercise or Base Price of Option Awards (Per Share) | Grant Date Fair Value of Stock and Option Awards (3) |
| Threshold                                                                                                    | Target | Maximum |
| Victoria M. Holt   President and Chief Executive Officer                                      | Annual Performance-based Bonus |   | $   - | $ | 650,000 |  | $ | 1,300,000 |  |   |   |   |   |
| Long-Term Performance Cash Award                                                                             |   | $   - | $ | 480,000 |  | $ | 960,000 |  | N/A |   |   | N/A |  |
|                                                                                                         | SSARs | 12/15/2011 |   |   |   |   | 114,286 | $ | 4.40 |  | $ | 331,429 |  |
| Randy C. Martin   Executive Vice President -Corporate Development and Chief Financial Officer | Annual Performance-based Bonus |   | $   - | $ | 213,600 |  | $ | 427,200 |  |   |   |   |   |
| Long-Term Performance Cash Award                                                                             |   | $   - | $ | 160,100 |  |  $   320,200 |  | N/A |   |   | N/A |  |
| SSARs                                                                                                        | 12/15/2011 |   |   |   |   | 38,143 | $ | 4.40 |  | $ | 110,615 |  |
| Timothy P. Feast   Senior Vice President, Color & Specialty Compounds           | Annual Performance-based Bonus |   | $   - | $ | 153,750 |  | $ | 307,500 |  |   |   |   |   |
| Long-Term Performance Cash Award                                                                             |   | $   - | $ | 138,376 |  | $ | 276,752 |  | N/A |   |   | N/A |  |
| SSARs                                                                                                        | 12/15/2011 |   |   |   |   | 32,946 | $ | 4.40 |  | $ | 95,543 |  |
| Rosemary L. Klein   Senior Vice President, General Counsel and Corporate Secretary       | Annual Performance-based Bonus |   | $   - | $ | 150,000 |  | $ | 300,000 |  |   |   |   |   |
| Long-Term Performance Cash Award                                                                             |   | $   - | $ | 135,000 |  | $ | 270,000 |  | N/A |   |   | N/A |  |
|                                                                                                         | SSARs | 12/15/2011 |   |   |   |   | 32,143 | $ | 4.40 |  | $ | 93,215 |  |
| Michael G. Marcely   Senior Vice President, Sheet Turnaround                                  | Annual Performance-based Bonus |   | $   - | $ | 139,959 |  | $ | 279,918 |  |   |   |   |   |
| Long-Term Performance Cash Award                                                                             |   | $   - | $ | 115,650 |  | $ | 231,300 |  | N/A |   |   | N/A |  |
| SSARs                                                                                                        | 12/15/2011 |   |   |   |   | 27,536 | $ | 4.40 |  | $ | 79,854 |  |

|     |                                                                                                                                                                                                                                                                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The amounts shown in this column for performance-based bonuses reflect the ranges of cash awards that potentially could have been paid to named executive officers under the Company’s Short-Term Incentive Plan for fiscal 2012, based on the Company’s achievement of the specific performance goals set by the Compensation Committee. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The amounts shown in this column for long-term performance awards reflect the possible future payout for long-term incentive awards granted for the fiscal 2012 to 2014 performance period. Under the terms of the awards, payouts would be earned based 50% on a return on invested capital metric and 50% on a total stockholder return metric. Except in the event of a change of control of the Company and an accompanying early termination of the performance period, which is likely to happen in connection with the proposed merger transaction with PolyOne Corporation, no payouts will be made if the target is not met at the end of the three-year performance period.          |

|     |                                                                                                                                                                                                                                                                                                                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | The amounts shown in this column represent the grant date fair values, determined in accordance with FASB ASC Topic 718, of restricted stock and SSAR awards issued to the named executive officers under the Company’s Long-Term Equity Incentive Plan, which is described in detail in the “Compensation Discussion and Analysis” section and the narrative preceding this table. |

----

|                                                                            |
|----------------------------------------------------------------------------|
|                                                                            |  |  |  |  |  |  |  |  |  |  |  |
| Name, Type of Award                                                        | Grant Date | Option / SSAR Awards | Stock Awards |
| Restricted Stock Awards                                                    | Performance Shares |
| Number of Securities Underlying Unexercised Option – Exercisable (1) | Number of Securities Underlying Unexercised Option – Unexercisable (1) | Option Exercise Price | Option Expiration Date | Unrealized Value of Exercisable Options (2) | Number of Unvested Shares or Units of Stock | Market Value of Unvested Shares or Units of Stock | Equity Incentive Plan Awards:  Number of Unvested Unearned Shares, Units or Other Rights | Equity Incentive Plan Awards:  Market or Payout Value of  Unvested Unearned Shares, Units or Other Rights |
| Victoria M. Holt                                                           |   |   |   |   |   |   |   |   |   |   |
|                                                                       | SSARs | 9/13/2010 | 221,169 | - | $6.98 | 9/12/2020 | $424,644 |   |   |   |   |
|                                                                       | SSARs | 12/15/2011 | 114,286 | - | $4.40 | 12/14/2021 | $514,287 |   |   |   |   |
| Randy C. Martin                                                            |   |   |   |   |   |   |   |   |   |   |
|                                                                       | Stock Option | 12/12/2002 | 30,000 | - | $18.08 | 12/11/2012 | $               - |   |   |   |   |
|                                                                       | Stock Option | 12/11/2003 | 30,000 | - | $21.90 | 12/10/2013 | $               - |   |   |   |   |
|                                                                       | Stock Option | 12/10/2004 | 36,000 | - | $26.02 | 12/9/2014 | $               - |   |   |   |   |
|                                                                       | Stock Option | 12/19/2005 | 30,000 | - | $21.19 | 12/18/2015 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/15/2006 | 17,700 | - | $26.41 | 12/14/2016 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/19/2007 | 42,100 | - | $13.53 | 12/18/2017 | $               - |   |   |   |   |
|                                                                       | SSARs | 1/28/2009 | 35,750 | - | $4.06 | 1/27/2019 | $173,030 |   |   |   |   |
|                                                                       | SSARs | 12/16/2009 | 54,694 | - | $9.61 | 12/15/2019 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/16/2010 | 11,600 | - | $8.80 | 12/15/2020 | $1,160 |   |   |   |   |
|                                                                       | SSARs | 12/15/2011 | 38,143 | - | $4.40 | 12/15/2021 | $171,644 |   |   |   |   |
| Timothy P. Feast                                                           |   |   |   |   |   |   |   |   |   |   |
|                                                                       | SSARs | 5/2/2011 | 15,000 | - | $7.00 | 5/1/2021 | $28,500 |   |   |   |   |
|                                                                       | SSARs | 12/15/2011 | 32,946 | - | $4.40 | 12/14/2021 | $148,257 |   |   |   |   |
| Rosemary L. Klein                                                          |   |   |   |   |   |   |   |   |   |   |
|                                                                       | SSARs | 3/2/2009 | 18,370 | - | $2.33 | 3/1/2019 | $120,691 |   |   |   |   |
|                                                                       | SSARs | 12/16/2009 | 32,411 | - | $9.61 | 12/15/2019 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/16/2010 | 9,600 | - | $8.80 | 12/15/2020 | $960 |   |   |   |   |
|                                                                       | SSARs | 12/15/2011 | 32,143 | - | $4.40 | 12/15/2021 | $144,644 |   |   |   |   |
| Michael G. Marcely                                                         |   |   |   |   |   |   |   |   |   |   |
|                                                                       | Stock Option | 12/11/2003 | 5,000 | - | $21.90 | 12/10/2013 | $               - |   |   |   |   |
|                                                                       | Stock Option | 12/10/2004 | 10,000 | - | $26.02 | 12/9/2014 | $               - |   |   |   |   |
|                                                                       | Stock Option | 12/19/2005 | 12,500 | - | $21.19 | 12/18/2015 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/15/2006 | 5,800 | - | $26.41 | 12/14/2016 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/19/2007 | 17,800 | - | $13.53 | 12/18/2017 | $               - |   |   |   |   |
|                                                                       | SSARs | 1/28/2009 | 15,180 | - | $4.06 | 1/27/2019 | $73,471 |   |   |   |   |
|                                                                       | SSARs | 12/16/2009 | 32,411 | - | $9.61 | 12/15/2019 | $               - |   |   |   |   |
|                                                                       | SSARs | 12/16/2010 | 10,800 | - | $8.80 | 12/15/2020 | $1,080 |   |   |   |   |
|                                                                       | SSARs | 12/15/2011 | 27,536 | - | $4.40 | 12/15/2021 | $123,912 |   |   |   |   |

|     |                                                                                                                                                                                                                                                                                                              |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | These securities consist of options and SSARs. All options and SSARs vest 25% on each of the first four anniversaries of the grant date, except that vesting is accelerated in the event of the death or disability of the officer or a Change in Control of the Company, as defined in the award agreement. |

|     |                                                                                                                                                                                                                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The unrealized value of exercisable options and SSARs is based on the difference between the exercise price and the Company’s closing stock price of $8.90 on November 2, 2012, the last trading day in the Company’s 2012 fiscal year, multiplied by the number of options and SSARs exercisable at that date. |

----

|                                                                                                               |
|---------------------------------------------------------------------------------------------------------------|
|                                                                                                               |  |  |  |  |  |  |  |  |
| Name and Principle Position                                                                                   | Option / SSAR Awards | Stock Awards |
| Restricted Stock Awards                                                                                       | Performance Shares |
| Number of Securities Acquired on Exercise                                                                     | Value Realized on Exercise | Number of Shares Acquired on Vesting | Value Realized on Vesting(1) | Number of Shares Acquired on Vesting | Value Realized on Vesting |
| Victoria M. Holt   President and Chief Executive Officer                                       |    None |    None | 100,286 | $ | 528,173 |  |    None |    None |
| Randy C. Martin   Executive Vice President - Corporate Development and Chief Financial Officer |    None |    None | 27,403 | $ | 140,968 |  |    None |    None |
| Timothy P. Feast   Senior Vice President, Color & Specialty Compounds                      |    None |    None | 6,000 | $ | 30,030 |  |    None |    None |
| Rosemary L. Klein   Senior Vice President, General Counsel and Corporate Secretary             |    None |    None | 12,940 | $ | 66,120 |  |    None |    None |
| Michael G. Marcely   Senior Vice President, Sheet Turnaround                                   |    None |    None | 14,334 | $ | 73,634 |  |    None |    None |

|     |                                                                                                                                                                                                                                        |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Amounts shown represent the value realized upon vesting of outstanding restricted stock awards calculated by multiplying the number of shares that vested by the fair market value of a share of our common stock on the vesting date. |

|                                                                                                                     |
|---------------------------------------------------------------------------------------------------------------------|
|                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name and Principle Position                                                                                         | Executive Contributions | Registrant Contributions (1) | Aggregate Earnings (2) | Aggregate Withdrawals / Distributions | Aggregate Balance as of FYE (3) |
| Victoria M. Holt   President and Chief Executive Officer                                             | None | $ | 30,000 |  |    None |    None | $ | 60,000 |  |
| Randy C. Martin   Executive Vice President – Corporate Development and Chief Financial Officer | None | $ | 30,000 |  | $ | 31,231 |  |    None | $ | 384,758 |  |
| Timothy P. Feast   Senior Vice President, Color & Specialty Compounds                            | None | $ | 27,482 |  |    None |    None | $ | 27,482 |  |
| Rosemary L. Klein   Senior Vice President, General Counsel and Corporate Secretary                   | $ | 2,538 |  | $ | 27,232 |  | $ | 1,785 |  |    None | $ | 61,555 |  |
| Michael G. Marcely   Senior Vice President, Sheet Turnaround                                         | None | $ | 27,000 |  | $ | 20,395 |  |    None | $ | 206,622 |  |

|     |                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The Company credits amounts to participants’ accounts equivalent to cash contributions, as described below.  These amounts are also reported in the All Other Compensation column of the Summary Compensation Table. |

|     |                                                                                                                                                    |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | These amounts are not included in the Summary Compensation Table because the earnings are credited at a market rate of return, as described below. |

|     |                                                                |
|-----|----------------------------------------------------------------|
| (3) | The balance shown includes both vested and non-vested amounts. |

----

|         |                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Being charged with commission of a felony (provided that if the charges are dropped or the officer is acquitted following termination, the officer shall be entitled to severance); |

|         |                                    |
|---------|------------------------------------|
| • | Willful fraud or other dishonesty; |

|         |                                                                                                                                                                                                                               |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Gross misconduct or other conduct materially injurious to the Company, including the willful or grossly negligent failure to comply with the lawful instructions of the Board of Directors or the officer’s supervisor; |

|         |                                                                                                                                                                                           |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Failure to comply with the Company’s Code of Business Conduct & Ethics, Code of Ethics for Chief Executive Officer and Senior Financial Officers, or Insider Trading Policy; or |

|         |                                                                                                  |
|---------|--------------------------------------------------------------------------------------------------|
| • | Failure to cooperate with the Company in any internal, governmental or regulatory investigation. |

|         |                                                                                                                                                                                                                                                                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In the case of Ms. Holt, a payment equal to the sum of (i) 24 months’ base salary, at the highest rate paid in the preceding three years prior to termination, plus (ii) two times her average annual bonus awarded for the preceding three fiscal years (two times her target annual bonus if termination is after a Change in Control). |

|         |                                                                                                                                                                                                                                                                       |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In the case of all other named executive officers, a payment equal to the sum of (i) 12 months’ base salary (18 months’ if termination is after a Change in Control), at the highest rate paid in the preceding three years, plus (ii) the average annual |

----

|         |                                                                                                                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | One or more reductions in the officer’s base salary amounting to 10% or more; however, reductions which are consistent with any across-the-board reductions in Company pay generally are not counted unless a Change in Control has occurred; |

|         |                                                                                                                                                                                           |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | A change of more than 50 miles in the officer’s required office location, or after a Change in Control, a relocation of the Company’s corporate office by more than 50 miles; |

|         |                                                                                                                                                                          |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | A material reduction in officer’s authorities, duties, and responsibilities or in the authorities, duties, and responsibilities of the officer’s supervisor; |

|         |                                                                                 |
|---------|---------------------------------------------------------------------------------|
| • | A material reduction in the budget over which the officer retains authority; or |

|         |                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------|
| • | One or more other actions by the Company which collectively amount to a constructive discharge of the officer under applicable law. |

----

|         |                                                                                                                                                                                              |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | If the officer’s employment terminates for Cause or for any other reason except death, disability or Retirement, the unvested shares are cancelled without any payment to the officer; |

|         |                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------|
| • | In the event of the officer’s death or disability, all unvested shares immediately vest; and |

|         |                                                                                                                                                                                                                                                                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In the event of the officer’s Retirement, unvested shares continue to vest in the normal course; provided, however, that for restricted stock awards granted after May 2008, all unvested shares are forfeited if the officer’s employment terminates for any reason other than a Change in Control or the officer’s death or disability. |

|         |                                                                                                                               |
|---------|-------------------------------------------------------------------------------------------------------------------------------|
| • | If any person acquires at least 50% of the Company’s voting stock without the prior approval of the Board of Directors; |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The approval by the Board of Directors of any merger or other transaction as a result of which either the Company would not be the surviving corporation, or its stockholders would not own at least a majority of its voting power in substantially the same proportions as before the transaction, or its common stock would be converted into cash or securities not having substantially the same proportionate voting power as before the transaction; |

|         |                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Any tender offer for 20% or more of the Company’s common stock, if the person making the tender offer could own 50% or more of the common stock when the tender offer terminates; or |

|         |                                                                                                                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Any change in a majority of the Board of Directors within any 24-month period, unless the new directors were approved by a majority of the directors who were on the Board of Directors at the beginning of the period. |

----

|         |                                                                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | All accounts under the Deferred Compensation Plan became fully vested, and are no longer subject to forfeiture of the Company’s contributions. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | All unvested stock options and SSARs became fully vested, allowing immediate exercise of the options and SSARs.  However, the holder is still required to exercise the option or SSAR at a time of his or her choosing prior to its expiration or termination, and is still subject to the same ownership requirements, restrictions and risks as would apply in the absence of a Change in Control. |

|         |                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------|
| • | All restricted stock immediately vested and was delivered to the holder free from future service or other restrictions. |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Victoria M. Holt                        | Consideration Payable Upon Termination of Employment Due to: |
| Plan or Agreement                       | Voluntary Resignation without "Good Reason" | Termination by the Company for "Cause" | Termination by the Company without "Cause," OR Resignation for "Good Reason" | Death or Disability | Termination Upon a Change in Control |
| Severance and Non-competition Agreement |   | $ | 0 |  | $ | 0 |  | $ | 1,364,000 |  | $ | 0 |  | $ | 2,728,000 |  |
| Deferred Compensation Plan              |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 60,000 |  | $ | 60,000 |  |
| Stock Options and SSARs                 |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  |
| Other Benefits                          |   | $ | 0 |  | $ | 0 |  | $         52,329(1) | $ | 0 |  | $             52,329(2) |
| Totals                                  |   | $ | 0 |  | $ | 0 |  | $ | 1,416,329 |  | $ | 60,000 |  | $ | 2,840,329 |  |

----

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Randy C. Martin                         | Consideration Payable Upon Termination of Employment Due to: |
| Plan or Agreement                       | Voluntary Resignation without "Good Reason" | Termination by the Company for "Cause" | Termination by the Company without "Cause," OR Resignation for "Good Reason" | Death or Disability | Termination Upon a Change in Control |
| Severance and Non-competition Agreement |   | $ | 0 |  | $ | 0 |  | $ | 629,960 |  | $ | 0 |  | $ | 854,400 |  |
| Deferred Compensation Plan              |   | $ | 310,251 |  | $ | 0 |  | $ | 310,251 |  | $ | 384,758 |  | $ | 384,758 |  |
| Stock Options and SSARs                 |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  |
| Other Benefits                          |   | $ | 0 |  | $ | 0 |  | $         35,165(1) | $ | 0 |  | $             43,747(2) |
| Totals                                  |   | $ | 310,251 |  | $ | 0 |  | $ | 975,376 |  | $ | 384,758 |  | $ | 1,282,905 |  |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Timothy P. Feast                        | Consideration Payable Upon Termination of Employment Due to: |
| Plan or Agreement                       | Voluntary Resignation without "Good Reason" | Termination by the Company for "Cause" | Termination by the Company without "Cause," OR Resignation for "Good Reason" | Death or Disability | Termination Upon a Change in Control |
| Severance and Non-competition Agreement |   | $ | 0 |  | $ | 0 |  | $ | 547,500 |  | $ | 0 |  | $ | 708,750 |  |
| Deferred Compensation Plan              |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 27,482 |  | $ | 27,482 |  |
| Stock Options and SSARs                 |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  |
| Other Benefits                          |   | $ | 0 |  | $ | 0 |  | $         34,942(1) | $ | 0 |  | $             43,747(2) |
| Totals                                  |   | $ | 0 |  | $ | 0 |  | $ | 582,442 |  | $ | 27,482 |  | $ | 779,979 |  |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Rosemary L. Klein                       | Consideration Payable Upon Termination of Employment Due to: |
| Plan or Agreement                       | Voluntary Resignation without "Good Reason" | Termination by the Company for "Cause" | Termination by the Company without "Cause," OR Resignation for "Good Reason" | Death or Disability | Termination Upon a Change in Control |
| Severance and Non-competition Agreement |   | $ | 0 |  | $ | 0 |  | $ | 519,605 |  | $ | 0 |  | $ | 708,750 |  |
| Deferred Compensation Plan              |   | $ | 2,621 |  | $ | 0 |  | $ | 61,555 |  | $ | 61,555 |  | $ | 61,555 |  |
| Stock Options and SSARs                 |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  |
| Other Benefits                          |   | $ | 0 |  | $ | 0 |  | $         28,083(1) | $ | 0 |  | $             33,125(2) |
| Totals                                  |   | $ | 2,621 |  | $ | 0 |  | $ | 609,243 |  | $ | 61,555 |  | $ | 803,430 |  |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Michael G. Marcely                      | Consideration Payable Upon Termination of Employment Due to: |
| Plan or Agreement                       | Voluntary Resignation without "Good Reason" | Termination by the Company for "Cause" | Termination by the Company without "Cause," OR Resignation for "Good Reason" | Death or Disability | Termination Upon a Change in Control |
| Severance and Non-competition Agreement |   | $ | 0 |  | $ | 0 |  | $ | 475,970 |  | $ | 0 |  | $ | 634,500 |  |
| Deferred Compensation Plan              |   | $ | 137,218 |  | $ | 0 |  | $ | 206,622 |  | $ | 206,622 |  | $ | 206,622 |  |
| Stock Options and SSARs                 |   | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  | $ | 0 |  |
| Other Benefits                          |   | $ | 0 |  | $ | 0 |  | $         32,869(1) | $ | 0 |  | $             40,304(2) |
| Totals                                  |   | $ | 137,218 |  | $ | 0 |  | $ | 715,461 |  | $ | 206,622 |  | $ | 881,426 |  |

----

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Pursuant to the terms of the Severance Agreements, upon termination of employment by Spartech without cause or by the executive for good reason, each named executive officer will receive (i) continued health and welfare benefits for 12 months (24 months for Ms. Holt) following the termination (the value of which is estimated as $34,329 for Ms. Holt, $17,165 for Mr. Martin, $16,942 for Mr. Feast, $10,083 for Ms. Klein and $14,869 for Mr. Marcely) and (ii) 12 months of reasonable outplacement services (estimated as $18,000 for each officer). |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Pursuant to the terms of the Severance Agreements, upon termination of employment by Spartech without cause or by the executive for good reason in connection with the merger, or within two years following the effective time of the merger, each named executive officer will receive (i) continued health and welfare benefits for 18 months (24 months for Ms. Holt) following the termination (the value of which is estimated as $34,329 for Ms. Holt, $25,747 for Mr. Martin, $25,413 for Mr. Feast, $15,125 for Ms. Klein and $22,304 for Mr. Marcely) and (ii) 12 months of reasonable outplacement services (estimated as $18,000 for each officer). |

----

|          |                                                                                                |
|----------|------------------------------------------------------------------------------------------------|
| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS |

|                                                                                                                                                |
|------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                |  |  |  |  |  |
| Directors / Executive Officers                                                                                                                 | Number of Common Stock Owned | Right to Acquire Common Stock (1) | Total Common Stock Beneficially Owned | Percentage of Common Stock Beneficially Owned** |
| Ralph B. Andy                                                                                                                                  |    425,745    (2) | - | 425,745 | 1.4 | % |
| Jackson W. Robinson                                                                                                                            | 42,643 | - | 42,643 | * |  |
| Craig A. Wolfanger                                                                                                                             | 17,302 | - | 17,302 | * |  |
| Lloyd E. Campbell                                                                                                                              | 30,564 | - | 30,564 | * |  |
| Pamela F. Lenehan                                                                                                                              |    40,602    (3) | - | 40,602 | * |  |
| Walter J. Klein                                                                                                                                | 22,702 | 15,000 | 37,702 | * |  |
| Edward J. Dineen                                                                                                                               | 11,602 | - | 11,602 | * |  |
| Victoria M. Holt                                                                                                                               | 290,903 | 111,169 | 402,072 | 1.3 | % |
| Randy C. Martin                                                                                                                                | 71,716 | 222,094 | 293,810 | * |  |
| Timothy P. Feast                                                                                                                               | 18,654 | - | 18,654 | * |  |
| Rosemary L. Klein                                                                                                                              | 45,753 | 42,011 | 87,764 | * |  |
| Michael G. Marcely                                                                                                                             | 39,310 | 83,511 | 122,821 | * |  |
| All D&Os as a group                                                                                                                        | 1,016,953 | 379,063 | 1,396,016 | 4.5 | % |
| Other beneficial owners in excess of 5% of the common shares outstanding                                                                       |   |   |   |   |
| Dimensional Fund Advisors LP   Palisades West, Bldg. One   6300 Bee Cave Road   Austin, TX, 78746 |    2,357,830    (4) | - | 2,357,830 | 7.6 | % |
| BlackRock Inc.   40 East 52nd Street   New York, NY 10022                                                        |    2,126,520    (5) | - | 2,126,520 | 6.8 | % |
| AQR Capital Management, LLC   Two Greenwich Plaza   3rd Floor   Greenwich, CT 06830          |    1,987,622 (6) | - | 1,987,622 | 6.4 | % |
| Water Island Capital LLC   41 Madison Ave., 42nd Floor   New York, NY 10010                                      |    1,819,028    (7) | - | 1,819,028 | 5.8 | % |
| Rutabaga Capital Management   64 Broad Street, 3rd Floor   Boston, MA 02109                                 |    1,723,208    (8) | - | 1,723,208 | 5.5 | % |

|   |                |
|---|----------------|
| * | Less than 1.0% |

|    |                                                                                         |
|----|-----------------------------------------------------------------------------------------|
| ** | Based on 31,210,344 shares of Spartech common stock outstanding as of February 1, 2013. |

----

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Includes shares issuable upon exercise of currently exercisable common stock options and SSARs within 60 days of February 1, 2013.  Excludes shares underlying vested restricted stock units that are not deliverable until after the director leaves the Board as follows: Mr. Andy (21,256 shares), Mr. Campbell (37,784 shares), Mr. Dineen (33,472 shares), Ms. Holt (12,410 shares), Mr. Klein (37,784 shares), Ms. Lenehan (36,339 shares), Mr. Robinson (39,347 shares), and Mr. Wolfanger (37,784 shares). |

|     |                                                                                                                                                                                                                                                                                                     |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Includes 350,261 shares owned by RBA Partners, L.P.  Mr. Andy is the sole stockholder of RBA Investments, Inc., which is a 0.1% general partner of RBA Partners, L.P.  As such, Mr. Andy, through RBA Investments, Inc. has investment and voting power over the shares owned by RBA Partners, L.P. |

|     |                                                                                                 |
|-----|-------------------------------------------------------------------------------------------------|
| (3) | Includes 5,000 shares held by the spouse of Ms. Lenehan over which she shares investment power. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Based on a Schedule 13G/A filed with the SEC on February 11, 2013, in which Dimensional Fund Advisors LP (“Dimensional”) reported that it beneficially owned 2,357,830 shares of common stock. It reported that it had sole voting power with respect to 2,301,606 shares of common stock and sole dispositive power with respect to 2,357,830 shares of common stock. Dimensional reported that it held the shares in its role as investment advisor or manager to certain investment funds, group trusts and separate accounts it advises, and disclaimed any beneficial ownership interest in the shares. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5) | Based on a Schedule 13G/A filed with the SEC on February 5, 2013, in which BlackRock, Inc. (“BlackRock”) reported that it beneficially owned and had sole voting and dispositive power with respect to 2,126,520 shares of common stock. BlackRock reported that the shares included shares beneficially owned by BlackRock Institutional Trust Company, N.A., BlackRock Fund Advisors, BlackRock Asset Management Canada Limited, BlackRock Advisors, LLC, and BlackRock Investment Management, LLC. |

|     |                                                                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6) | Based on a Schedule 13G filed with the SEC on February 14, 2013, in which AQR Capital Management, LLC reported that it beneficially owned 1,987,622 shares of common stock. AQR reported that it had shared voting and dispositive power with respect to 1,987,622 shares. |

|     |                                                                                                                                                                                                                                                                                |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (7) | Based on a Schedule 13G filed with the SEC on February 14, 2013, in which Water Island Capital LLC reported that it beneficially owned 1,819,028 shares of common stock. Water Island reported that it had sole voting and dispositive power with respect to 1,819,028 shares. |

|     |                                                                                                                                                                                                                                                                                                                                                                          |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (8) | Based on a Schedule 13G filed with the SEC on February 10, 2012, in which Rutabaga Capital Management reported that it beneficially owned 1,723,208 shares of common stock. It reported that it had sole voting power with respect to 1,466,108 shares, shared voting power with respect to 257,100 shares, and sole dispositive power with respect to 1,723,208 shares. |

|                                                            |
|------------------------------------------------------------|
|                                                            |  |  |  |  |  |  |  |
| Plan Category                                              | Number of securities to be issued upon exercise of outstanding options, warrants and rights | Weighted-average exercise price of outstanding options, warrants and rights | Number of securities remaining available for future issuance under compensation plans (excluding securities reflected in column (1) |
| Equity compensation plans approved by security holders     | 2,417,823 |   | $ | 11.43 |   | None |   |
| Equity compensation plans not approved by security holders | None |   | None |   | None |   |

----

|       |
|-------|
|       |  |  |  |  |  |  |  |
| Total | 2,417,823 |   | $ | 11.43 |   | None |   |

|        |
|--------|
|        |  |
|   |   |
| (1)    | All outstanding awards were granted under the Company’s 2004 Equity Compensation Plan (the “Plan”). No equity awards may be granted under the Plan after December 31, 2012. The Company does not currently have an equity compensation plan in place that provides for future awards. |

|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |  |  |
| Service Category      |   | 2012 |   | 2011 |
| Audit Fees(1)         |   | $ | 1,189,132 |   |   | $ | 974,132 |   |
| Audit-Related Fees(2) |   | 213,263 |   |   | 179,128 |   |
| Tax Fees(3)           |   | 590,900 |   |   | 657,891 |   |
| All Other Fees(4)     |   | - |   |   | - |   |
|                  | Total |   | $ | 1,993,295 |   |   | $ | 1,811,151 |   |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Audit Fees primarily related to work performed in connection with the audit of the Company’s annual financial statements on Form 10-K, the effectiveness of the Company’s internal control over financial reporting, reviews of the Company’s Form 10-Q filings, and work performed in connection with the proposed merger transactions between the Company and PolyOne Corporation and related public filings. |

----

|     |                                                                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Audit-Related Fees related to work performed in connection with the audit of the Company’s employee benefit plan and certain statutory reports. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Tax Fees consist of fees billed to us by Ernst & Young LLP for tax compliance, tax planning and other tax services. The aggregate fees billed for tax compliance, including assistance with federal income tax returns, foreign tax compliance, and tax studies including tax credits and tax accounting methods provided to us by Ernst & Young LLP during 2012 and 2011 were $135,000 and $150,130, respectively. In addition to fees being paid for tax compliance services, the Company paid $455,900 and $507,761, respectively, for tax planning and other tax services provided to us by Ernst & Young LLP during 2012 and 2011. |

|               |
|---------------|
|               |  |  |  |  |
| ExhibitNumber |   | Description |   | Location |
| 31.1          |   | Section 302 Certification of Chief Executive Officer |   | Filed herewith |
| 31.2          |   | Section 302 Certification of Chief Financial Officer |   | Filed herewith |

|               |
|---------------|
|               |  |  |
|          |   |   |
|          | SPARTECH CORPORATION |   |
|          | /s/ Victoria M. Holt |   |
|          | Victoria M. Holt |   |
| March 1, 2013 | President and Chief Executive Officer  |   |

----

|               |
|---------------|
|               |  |  |  |  |
|          |   |   |   |   |
| Date          |   | Signature |   | Title |
|          |   |   |   |   |
| March 1, 2013 |   | /s/ Victoria M. Holt |   | President and Chief Executive Officer(Principal Executive Officer) |
|          |   | Victoria M. Holt |   |   |
|          |   |   |   |   |
| March 1, 2013 |   | /s/ Randy C. Martin |   | Executive Vice President and Chief Financial Officer(Principal Financial Officer and Principal Accounting Officer) |
|          |   | Randy C. Martin |   |   |
|          |   |   |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Ralph B. Andy |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Lloyd E. Campbell |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Edward J. Dineen |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Walter J. Klein |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Pamela F. Lenehan |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Jackson W. Robinson |   |   |
| March 1, 2013 |   |   |   | Director |
|          |   | *Craig A. Wolfanger |   |   |

|        |
|--------|
|        |  |  |  |
|   |   |
| *      | Rosemary L. Klein, by signing her name hereto, does sign this document on behalf of the above noted individuals, pursuant to powers of attorney duly executed by such individuals, which have been filed as an Exhibit to this Form 10-K. |
|   |   |   |
|   | /s/ Rosemary L. Klein |   |
|   | Rosemary L. Klein |   |
|   | Attorney-in-Fact |   |