SEC Form 4 · accession 0001209191-17-020934
AVON PRODUCTS INC · AVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Benjamin
Officer — Senior Vice President
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 7:44 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 | 35,031 | $0.00 | A | 153,187 | D | |
| Common Stock | Mar 13, 2017 | F | 12,817 | $4.31 | D | 140,370 | D | |
| Common StockF2 | Mar 13, 2017 | A | 47,817 | $0.00 | A | 188,187 | D | |
| Common Stock | Mar 13, 2017 | F | 17,678 | $4.31 | D | 170,509 | 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 13, 2017 | M | 35,031 | D | — | — | Common Stock | 35,031 | 0 | D |
Explanation of responses
- F1Time-based restricted stock units vested on March 13, 2017 and 35,031 shares were delivered in settlement of such units.
- F2Represents 47,817 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.
- F3Units correspond 1-for-1 with common stock.