SEC Form 4 · accession 0001209191-17-031618
AVON PRODUCTS INC · AVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jose Armario
Director
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 6:26 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | May 9, 2017 | A | 52,451 | A | — | — | Common Stock | 52,451 | 52,451 | D |
Explanation of responses
- F1Restricted stock units granted as part of each director's annual retainer under the Avon Products, Inc. Compensation Plan for Non-Employee Directors. Includes a pro-rata award of 19,965 restricted stock units for Mr. Armario's service on the Board since September 2016.
- F2Units correspond 1-for-1 with common stock.
- F3100 % of the restricted stock units vest on the date of the next Annual Meeting of Shareholders and will settle when the director ceases to serve on the Board of Directors.