Armario Jose 4
4 · AVON PRODUCTS INC · Filed Jan 3, 2019
Insider Transaction Report
Form 4
Armario Jose
Director
Transactions
- Award
Deferred Stock Units
2018-12-31$1.56/sh+12,034.659$18,750→ 79,192.147 total→ Common Stock (12,034.659 underlying)
Footnotes (3)
- [F1]Under the Board of Directors of Avon Products, Inc. Deferred Compensation Plan (the "Plan") directors may defer receipt of quarterly fees into a cash account or an Avon stock unit account. All amounts deferred are paid in cash upon termination of services as a director.
- [F2]Units correspond 1-for-1 with common stock.
- [F3]Pursuant to the Plan, the number of stock units credited quarterly is determined by dividing deferred quarterly fees by the average closing price of Avon stock during the last 10 trading days of such quarter.