Ormiston Susan 4
4 · AVON PRODUCTS INC · Filed Mar 16, 2018
Insider Transaction Report
Form 4
Ormiston Susan
Senior Vice President
Transactions
- Award
Restricted Stock Units
2018-03-14+70,930→ 70,930 total→ Common Stock (70,930 underlying) - Award
Stock Option (Right To Buy)
2018-03-14+177,325→ 177,325 totalExercise: $3.49Exp: 2028-03-14→ Common Stock (177,325 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 03/14/2021.
- [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 03/14/2019.