SEC Form 4 · accession 0001209191-16-109280
AVON PRODUCTS INC · AVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fernando Acosta
Officer — Executive Vice President
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 6:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008868
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 15, 2016 | M | 40,299 | $0.00 | A | 90,220 | D | |
| Common Stock | Mar 15, 2016 | F | 10,968 | $4.02 | D | 79,252 | D | |
| Common StockF2 | Mar 15, 2016 | A | 48,358 | $0.00 | A | 127,610 | D | |
| Common Stock | Mar 15, 2016 | F | 13,226 | $4.02 | D | 114,384 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Mar 15, 2016 | M | 40,299 | D | — | — | Common Stock | 40,299 | 0 | D |
Explanation of responses
- F1Time-based restricted stock units vested on March 15, 2016 and 40,299 shares were delivered in settlement of such units.
- F2Represents 48,358 shares of common stock delivered in connection with the vesting of performance-based restricted stock units based on the achievement of certain performance targets for the 2013-2015 performance period.
- F3Units correspond 1-for-1 with common stock.