SEC Form 4 · accession 0001209191-17-020931
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 13, 2017
Accepted (ET)
Mar 15, 2017 · 7:38 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 13, 2017 | M | 58,248 | $0.00 | A | 197,579 | D | |
| Common Stock | Mar 13, 2017 | F | 15,835 | $4.31 | D | 181,744 | D | |
| Common StockF2 | Mar 13, 2017 | A | 79,509 | $0.00 | A | 261,253 | D | |
| Common Stock | Mar 13, 2017 | F | 21,746 | $4.31 | D | 239,507 | D | |
| Common StockF3 | Mar 15, 2017 | S | 77,154 | $4.3236 | D | 162,353 | 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,F4 | — | Mar 13, 2017 | M | 58,248 | D | — | — | Common Stock | 58,248 | 0 | D |
Explanation of responses
- F1Time-based restricted stock units vested on March 13, 2017 and 58,248 shares were delivered in settlement of such units.
- F2Represents 79,509 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 2014-2016 performance period.
- F3This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2016.
- F4Units correspond 1-for-1 with common stock.