SEC Form 4 · accession 0001209191-18-019646
AVON PRODUCTS INC · AVP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Ormiston
Officer — Senior Vice President
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 5:32 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 12, 2018 | M | 42,146 | $0.00 | A | 170,098 | D | |
| Common Stock | Mar 12, 2018 | F | 16,319 | $2.85 | D | 153,779 | D | |
| Common StockF2 | Mar 12, 2018 | A | 38,122 | $0.00 | A | 191,901 | D | |
| Common Stock | Mar 12, 2018 | F | 14,761 | $2.85 | D | 177,140 | D | |
| Common Stock | holding | — | — | — | 10 | I | By spouse |
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 12, 2018 | M | 42,146 | D | — | — | Common Stock | 42,146 | 0 | D |
Explanation of responses
- F1Time-based restricted stock units vested on March 12, 2018 and 42,146 shares were delivered in settlement of such units.
- F2Represents 38,122 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 2015-2017 performance period.
- F3Units correspond 1-for-1 with common stock.