AVON PRODUCTS INC 4
4 · AVON PRODUCTS INC · Filed Mar 14, 2016
Insider Transaction Report
Form 4
Acosta Fernando
Senior Vice President
Transactions
- Award
Restricted Stock Units
2016-03-10+152,440→ 152,440 total→ Common Stock (152,440 underlying) - Award
Stock Option (Right To Buy)
2016-03-10+381,100→ 381,100 totalExercise: $5.49Exp: 2026-03-10→ Common Stock (381,100 underlying)
Footnotes (5)
- [F1]The reporting person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Avon Products, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
- [F2]Units correspond 1-for-1 with common stock.
- [F3]100% of the restricted stock units are scheduled to vest on 3/10/2019.
- [F4]The exercise price of this premium-priced stock option is equal to 130% of the closing price of Avon's common stock on the date of grant.
- [F5]This option vests in three equal annual installments beginning on 03/10/2017.