SEC Form 4 · accession 0001209191-16-108229
AVON PRODUCTS INC · AVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sherilyn S McCoy
Officer — CEO · Director
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 6:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008868
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 Option (Right To Buy)F1,F2 | $5.49 | Mar 10, 2016 | A | 1,386,000 | A | — | Mar 10, 2026 | Common Stock | 1,386,000 | 1,386,000 | D |
Explanation of responses
- F1The exercise price of this premium-priced stock option is equal to 130% of the closing price of Avon's common stock on the date of grant.
- F2This option vests in three equal annual installments beginning on 03/10/2017.