4//SEC Filing
Myers Jonathan Charles 4
Accession 0001209191-20-000478
CIK 0000008868other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 8:55 PM ET
Size
15.5 KB
Accession
0001209191-20-000478
Insider Transaction Report
Form 4
Myers Jonathan Charles
EVP, COO
Transactions
- Exercise/Conversion
Restricted Stock
2019-12-30+265,996→ 265,996 total→ Common Stock (265,996 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-30−265,996→ 0 total→ Common Stock (265,996 underlying) - Tax Payment
Restricted Stock
2019-12-30−117,183→ 148,813 total→ Common Stock (117,183 underlying) - Tax Payment
Restricted Stock
2019-12-30−127,254→ 160,913 total→ Common Stock (127,254 underlying) - Award
Restricted Stock
2019-12-30+288,167→ 288,167 total→ Common Stock (288,167 underlying)
Footnotes (5)
- [F1]Restricted stock units and restricted stock convert into common stock on a 1-for-1 basis.
- [F2]Restricted stock units were granted on 9/01/2017, 3/14/2018 and 3/13/2019 and were scheduled to vest into common stock on 9/01/20, 3/14/2021 and 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 and will vest as follows: 36,642 on 9/01/20; 53,905 on 3/14/21; and 55,266 on 3/13/22.
- [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 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 on 12/30/19. The restricted stock granted in place of the PSUs retain the PSUs' original vesting dates and vest as follows: 33,299 on 9/01/20; 55,344 on 3/14/21; and 72,270 on 3/13/22.
Documents
Issuer
AVON PRODUCTS INC
CIK 0000008868
Entity typeother
Related Parties
1- filerCIK 0001711220
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 8:55 PM ET
- Size
- 15.5 KB