Sec Form 4 Filing - RAMESH RENGARAJAN @ SCHULMAN A INC - 2003-10-29

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person RAMESH RENGARAJAN 2. Issuer Name and Ticker or Trading Symbol SCHULMAN A INC [ SHLM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Vice President -Technology (Last) (First) (Middle) 3550 WEST MARKET STREET 3. Date of Earliest Transaction (MM/DD/YY) 10/29/2003 (Street) AKRON, OH44333 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares 10/29/2003 08/08/1988( 2 ) M 8,000 A $ 18.312 19,300( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) M 9,000 A $ 12.125 28,300( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) M 3,700 A $ 13.17 32,000( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) M 2,300 A $ 13.17 34,300( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) M 4,666 A $ 13.99 38,966( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 13,646 D $ 19.2 25,320( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 2,354 D $ 19.21 22,966( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 700 D $ 19.22 22,266( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 500 D $ 19.25 21,766( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 2,000 D $ 19.27 19,766( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 200 D $ 19.33 19,566( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 100 D $ 19.34 19,466( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 300 D $ 19.37 19,166( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 100 D $ 19.45 19,066( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 500 D $ 19.47 18,566( 1 ) D Common Shares 10/29/2003 08/08/1988( 2 ) S 300 D $ 19.48 18,266( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 300 D $ 19.33 17,966( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 500 D $ 19.32 17,466( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 100 D $ 19.31 17,366( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 213 D $ 19.2 17,153( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 1,200 D $ 19.18 15,953( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 900 D $ 19.08 15,053( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 2,000 D $ 19.05 13,053( 1 ) D Common Shares 10/30/2003 08/08/1988( 2 ) S 1,753 D $ 19.1 11,300( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option (Right to Buy)( 3 ) $ 18.3125( 4 ) 10/29/2003 08/08/1988( 2 ) X 8,000 07/08/1999 07/07/2004 Common Shares 8,000 $ 18.3125 0 D Option (Right to Buy)( 3 ) $ 12.125( 5 ) 10/29/2003 08/08/1988( 2 ) X 9,000 08/30/2001 08/29/2005 Common Shares 9,000 $ 12.125 0 D Option (Right to Buy)( 3 ) $ 13.17( 6 ) 10/29/2009 08/08/1988( 2 ) X 3,700 08/31/2002 08/30/2006 Common Shares 3,700 $ 13.17 2,300 D Option (Right to Buy)( 3 ) $ 13.17( 6 ) 10/30/2003 08/08/1988( 2 ) X 2,300 08/31/2002 08/30/2006 Common Shares 2,300 $ 13.17 0 D Option (Right to Buy)( 3 ) $ 13.99( 7 ) 10/30/2003 08/08/1988( 2 ) X 4,666 10/18/2003 12/05/2012 Common Shares 4,666 $ 13.99 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other RAMESH RENGARAJAN 3550 WEST MARKET STREET AKRON, OH44333 Vice President -Technology Signatures /s/ Dr. Rengarajan Ramesh, by Laura D. Nemeth as attorney-in-fact 10/31/2003 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 5,900 shares of restricted stock. ( 2 )This field is not applicable ( 3 )All current and previously reported stock options granted pursuant to the 1991 Plan provide for tax withholding rights. ( 4 )Pursuant to the A. Schulman, Inc. 1991 Stock Incentive Plan (a Rule 16b-3 Plan) (the "1991 Plan"), 25% of the options became exercisable on July 8 of each of the years 1999, 2000, 2001 and 2002. ( 5 )Pursuant to the 1991 Plan, 25% of the options became exercisable on July 8 of each of the years 2000, 2001, 2002 and 2003. ( 6 )Pursuant to the 1991 Plan, 25% of the options became (or will become) exercisable on August 30 of each of the years 2001, 2002, 2003 and 2004. ( 7 )Pursuant to the A. Schulman, Inc. 2002 Equity Incentive Plan (a Rule 16b-3 Plan) (the "2002 Plan"), 33% of the options became (or will become) exercisable on October 18 of each of the years 2003, 2004 and 2005.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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