4//SEC Filing
Kaye Douglas 4
Accession 0000950170-25-007456
CIK 0000005981other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 6:46 PM ET
Size
10.7 KB
Accession
0000950170-25-007456
Insider Transaction Report
Form 4
Kaye Douglas
CHIEF EXECUTIVE OFFICER
Transactions
- Award
Common Stock
2024-12-09$5.72/sh+59,003$337,497→ 236,013 total - Award
Common Stock
2024-12-09$5.72/sh+52,448$300,003→ 288,461 total - Award
Common Stock
2024-12-09$5.72/sh+59,003$337,497→ 59,003 total - Award
Common Stock
2024-12-09$5.72/sh+118,007$675,000→ 177,010 total
Footnotes (4)
- [F1]These comprise an award of performance-based restricted stock that vests upon the attainment of both (i) continuous employment through his first, third and fifth anniversary of his employment, and (ii) the relative growth of the issuer's total shareholder return as compared with the Russell 2000 as follows: a) 50% of target (i.e., one-third of total award) if the TSR is >= the 25th percentile but < the 50th percentile, b) 100% of the target if the TSR is >= 50th percentile but < the 75th percentile and c) 200% of the target if the TSR is >= the 75th percentile.
- [F2]These comprise an award of performance-based restricted stock that vests at any time during the five year term in a two step process as follows: x) step one - one-sixth of the total number of shares awarded will vest on each of the dates upon which the fair market value of the issuer's common stock exceeds a) 2X, b) 3X and c) 4X the FMV on the date of the award (i.e., $5.72/share), in each case, for at least 20 consecutive days, and y) step two - one-sixth of the total number of shares awarded will vest twelve months after the occurrence of either clause a), b) or c) above, provided the reporting person remains employed by issuer on such date.
- [F3]These comprise an award of time-based restricted stock that vests on equal tranches on each of the first, second, third, fourth, and fifth anniversary of the award date and are subject to forfeiture in the event that reporting person is not continuously employed through each such vesting date for any reason.
- [F4]These comprise an award of time-based restricted stock that vests on equal tranches on each of the first, second, third, fourth, and fifth anniversary of the award date and are subject to forfeiture only if reporting person is not continuously employed through each such vesting date due to a termination for cause.
Documents
Issuer
AMERICAN VANGUARD CORP
CIK 0000005981
Entity typeother
Related Parties
1- filerCIK 0002049430
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 6:46 PM ET
- Size
- 10.7 KB