4//SEC Filing
Agarwal Vikram 4
Accession 0001209191-20-000476
CIK 0000008868other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 8:53 PM ET
Size
15.4 KB
Accession
0001209191-20-000476
Insider Transaction Report
Form 4
Agarwal Vikram
Senior Vice President
Transactions
- Tax Payment
Restricted Stock
2019-12-30−21,830→ 29,211 total→ Common Stock (21,830 underlying) - Tax Payment
Restricted Stock
2019-12-30−28,669→ 37,372 total→ Common Stock (28,669 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-30−51,041→ 0 total→ Common Stock (51,041 underlying) - Exercise/Conversion
Restricted Stock
2019-12-30+51,041→ 51,041 total→ Common Stock (51,041 underlying) - Award
Restricted Stock
2019-12-30+66,041→ 66,041 total→ Common Stock (66,041 underlying)
Footnotes (5)
- [F1]Restricted stock units and restricted stock convert into common stock on a 1-for-1 basis.
- [F2]Restricted stock units granted on 3/13/2019 (the "Units") were scheduled to vest into common stock on 3/13/2022. In anticipation of Avon Products, Inc.'s upcoming merger with Natura Cosmeticos S.A. (the "Upcoming Merger") and with approval of the Compensation and Management Development Committee of the Board of Directors, the Units were converted into restricted stock on 12/30/19 and retain the Units' original vesting date.
- [F3]Represents shares withheld for tax purposes.
- [F4]Shares calculated for withholding at the closing price on the date of the transaction, or $5.70.
- [F5]In anticipation of the Issuer's upcoming merger and with approval of the Compensation and Management Development Committee of the Board of Directors, previously granted Performance-based Restricted Stock Units (PSUs) were converted into Restricted Stock. The Restricted Stock granted in place of the PSUs retain their original vesting dates and vest as follows: 37,372 on 3/13/22.
Documents
Issuer
AVON PRODUCTS INC
CIK 0000008868
Entity typeother
Related Parties
1- filerCIK 0001764145
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 8:53 PM ET
- Size
- 15.4 KB