SEC Form 4 · accession 0001437749-18-020456

AVALON HOLDINGS CORP · AWX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CHIEF FINANCIAL OFFICER

Period of report

Nov 9, 2018

Accepted (ET)

Nov 13, 2018 · 9:21 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001061069

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Nov 9, 2018	M	12,000	$1.83	A	12,000	D
Common Stock^F1	Nov 9, 2018	S	1	$4.71	D	11,999	D
Common Stock^F1	Nov 9, 2018	S	600	$4.66	D	11,399	D
Common Stock^F1	Nov 9, 2018	S	1	$4.54	D	11,398	D
Common Stock^F1	Nov 9, 2018	S	1	$4.53	D	11,397	D
Common Stock^F1	Nov 9, 2018	S	930	$4.51	D	10,467	D
Common Stock^F1	Nov 9, 2018	S	10,467	$4.50	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (Right to Buy)^F3	$1.83	Nov 9, 2018	M	12,000	D	Mar 16, 2016	Mar 16, 2026	Class A Common Stock	12,000	78,000	D

F1The shares sold were acquired contemporaneously upon the cashless exercise of a stock option at an exercise price of $1.83 per share.
F2The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting person on August 28, 2018.
F3The date indicated is the grant date and the options vest in five equal installments beginning one year from the grant date. At the end of each vesting period, the Avalon Holdings Corporation Class A common stock must reach a predetermined market price within three years before the vested options are exercisable.