4//SEC Filing
Sanford Michael F. 4
Accession 0001209191-19-031596
CIK 0000008868other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 9:23 PM ET
Size
11.3 KB
Accession
0001209191-19-031596
Insider Transaction Report
Form 4
Sanford Michael F.
Director
Transactions
- Exercise/Conversion
Common Stock
2019-05-16+61,170→ 61,170 total - Disposition to Issuer
Common Stock
2019-05-16$3.14/sh−61,170$192,074→ 0 total - Exercise/Conversion
Phantom Stock
2019-05-16−61,170→ 0 totalFrom: 2019-05-16Exp: 2019-05-16→ Common Stock (61,170 underlying) - Award
Phantom Stock
2019-05-16+36,624→ 36,624 total→ Common Stock (36,624 underlying)
Footnotes (4)
- [F1]Each share of phantom stock was the economic equivalent of one share of Common Stock. The terms of the grant of Phantom Stock required a settlement in cash and payout upon vesting. The reporting person, therefore, had no discretion to settle his shares of phantom stock upon vesting in anything but cash.
- [F2]Phantom Stock granted as part of the Reporting person's annual director retainer in lieu of restricted stock units typically granted under the Avon Products, Inc. Compensation Plan for Non-Employee Directors.
- [F3]Each share of Phantom Stock corresponds 1-for-1 with common stock but is required to settle in cash.
- [F4]100% of the Phantom Stock vests on the date of the next annual meeting of shareholders.
Documents
Issuer
AVON PRODUCTS INC
CIK 0000008868
Entity typeother
Related Parties
1- filerCIK 0001668923
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 9:23 PM ET
- Size
- 11.3 KB