AVON PRODUCTS INC 4
4 · AVON PRODUCTS INC · Filed Mar 21, 2017
Insider Transaction Report
Form 4
Acosta Fernando
Senior Vice President
Transactions
- Award
Stock Option (Right to Buy)
2017-03-17+400,155→ 400,155 totalExercise: $5.54Exp: 2027-03-17→ Common Stock (400,155 underlying) - Award
Restricted Stock Units
2017-03-17+160,062→ 160,062 total→ Common Stock (160,062 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 3/17/2020.
- [F4]The exercise price of this premium-priced stock option is equal to 125% 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 03/17/2018.