SEC Form 4 · accession 0001209191-15-000137
AMERICAN VANGUARD CORP · AVD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Rizzi
Officer — See Remarks
Period of report
Dec 30, 2014
Accepted (ET)
Jan 2, 2015 · 1:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000005981
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $11.49 | Dec 30, 2014 | A | 5,882 | A | Dec 30, 2017 | Dec 30, 2024 | Common Stock | 5,882 | 15,882 | D |
| Stock Options (right to buy)F2 | $11.49 | Dec 30, 2014 | A | 5,882 | A | Dec 30, 2017 | Dec 30, 2024 | Common Stock | 5,882 | 21,764 | D |
Explanation of responses
- F1These stock options are exercisable in full on December 30, 2017, provided reporting person is continuously employed by the issuer through that date.
- F2These stock options are exercisable in full on December 30, 2017, provided i) reporting person is continuously employed by the issuer through that date and ii) the Company meets certain financial metrics over the period from January 1, 2015 through December 31, 2017,including, the relative growth of its earnings before income tax ("EBIT") compared to the median growth of EBIT of a certain group of industry peers (weighted at 50%), the relative growth of its net sales as compared to the median growth of net sales of that same group (weighted at 30%) and the relative growth of the fair market value of the Company's common stock as compared to the Russell 200 Index (weighted at 20%).
Remarks
Vice President of Manufacturing - AMVAC