Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Baert Bernard
 2. Date of Event Requiring Statement (Month/Day/Year)
05/25/2006		 3. Issuer Name and Ticker or Trading Symbol
POLYONE CORP [POL]
(Last)
(First)
(Middle)
POLYONE CENTER, 33587 WALKER ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

AVON LAKE, OH 44012		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 21,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) 12/04/1999 12/04/2006 Common Stock 1,269 $ 21.375 D  
Incentive Stock Option (right to buy) 05/07/2000 11/05/2007 Common Stock 1,515 $ 25.1875 D  
Non-Qualified Stock Option (right to buy) 05/07/2000 12/01/2009 Common Stock 6,969 $ 10.625 D  
Non-Qualified Stock Option (right to buy) 05/07/2000 11/04/2008 Common Stock 7,073 $ 15 D  
Non-Qualified Stock Option (right to buy) 12/04/1999 12/04/2006 Common Stock 1,268 $ 21.375 D  
Non-Qualified Stock Option (right to buy) 05/07/2000 11/05/2007 Common Stock 1,515 $ 25.1875 D  
Stock Appreciation Right   (1) 12/11/2006 Common Stock 21,500 $ 6.14 D  
Stock Appreciation Right   (2) 01/04/2013 Common Stock 37,500 $ 6.51 D  
Stock Appreciation Right 02/29/2004 02/28/2011 Common Stock 41,000 $ 8.7 D  
Stock Appreciation Right   (3) 01/05/2012 Common Stock 18,600 $ 8.94 D  
Stock Appreciation Right 09/05/2002 09/05/2010 Common Stock 200 $ 9 D  
Stock Appreciation Right 03/26/2005 03/26/2012 Common Stock 47,500 $ 12.22 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Baert Bernard
POLYONE CENTER
33587 WALKER ROAD
AVON LAKE, OH 44012		       Vice President  

Signatures

By: Wendy C. Shiba, Power of Attorney For: Bernard Baert 06/05/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) SARs are exercisable upon vesting. As of November 16, 2004, 2/3rds of the SARs have vested with the remaining 1/3rd to vest when the market price of PolyOne common stock reaches $10 per share for three consecutive trading days.
(2) SARs are exercisable upon vesting. Vesting occurs when the market price of the PolyOne common stock reaches pre-determined levels for three consecutive days as follows: 1/3 vests at a market price of $7.50 per share; an additional 1/3 vests at a market price of $8.50 per share; and the remaining 1/3 vests at a market price of $10.00 per share; provided, however, that no vesting will occur sooner than one year from the grant date of January 4, 2006.
(3) SARs are exercisable upon vesting. Vesting occurs when the market price of the PolyOne common stock reaches pre-determined levels for three consecutive days as follows: 1/3 vest at a market price of $9.84 per share; an additional 1/3 vests at a market price of $10.73 per share; and the remaining 1/3 vests at a market price of $11.63 per share.

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