SEC Form 4 · accession 0000899243-17-003550
AMERICAN VANGUARD CORP · AVD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Eilers
Officer — VP Bus Dev't & Mktg for AMVAC
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000005981
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 8, 2017 | A | 2,943 | $0.00 | A | 12,673 | D | |
| Common StockF2 | Feb 8, 2017 | A | 2,943 | $0.00 | A | 15,616 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These comprise an award of time-based restricted stock that vests in its entirety on February 8, 2020, if and only if reporting person is continuously employed by issuer through such vesting date as per the terms of a Restricted Stock Agreement dated as of February 8, 2017.
- F2These comprise an award of performance-based restricted stock that vests upon the attainment of both (i) continuous employment through February 8, 2020, and (ii) the relative growth of the issuer's EBIT, net sales and stock price appreciation as compared to that of certain industry comparator groups over the course of fiscal years 2017 - 2019 as per the terms of a Performance Stock Agreement dated as of February 8, 2017.