Porpiglia Peter 4
4 · AMERICAN VANGUARD CORP · Filed May 7, 2020
Insider Transaction Report
Form 4
Porpiglia Peter Turnbough
See Remarks
Transactions
- Tax Payment
Common Stock
2020-04-30−3,932→ 21,256 total
Footnotes (1)
- [F1]On February 8, 2017, reporting person was awarded 6,124 shares of restricted stock. One half were time-based (vesting in three years) and the other half were performance-based (the vesting of which depended upon the attainment of certain financial metrics more fully described in the subject Performance Shares Agreement). Issuer has determined that, based upon its having outperformed certain of those performance metrics during the performance period, reporting person is entitled to receive 170% of the target performance shares or 2,144 additional shares. Thus, taken together, reporting person received 8,268 shares pursuant to the original grant. In order to cover payroll taxes due in connection with the vesting of these shares, reporting person forfeited 3,932 shares, thus leaving a net decrease of 1,788 from his previous share total.