Edwards Ginny 4
4 · AVON PRODUCTS INC · Filed Jan 7, 2020
Insider Transaction Report
Form 4
Edwards Ginny
Vice President
Transactions
- Other
Restricted Stock
2020-01-03−38,434→ 0 total→ Common Stock (38,434 underlying) - Other
Stock Option (Right to Buy)
2020-01-03−251,018→ 0 total→ Common Stock (251,018 underlying)
Footnotes (2)
- [F1]In conjunction with Avon Products, Inc.'s ("Avon") merger with Natura Cosmeticos S.A. (the "Merger") that was completed on 01/03/2020 each share of Avon stock converted into the right to receive shares of Natura & Co. Holding.
- [F2]Each award of Avon Stock Options outstanding at the effective time of the Merger was canceled in exchange for the right to receive an amount in cash equal to the aggregate spread value of such award. 10,660 options had an exercise price above closing price. 55,333 options had an exercise price of $5.49, 58,650 options had an exercise price of $5.54, 60,375 options had an exercise price of $3.49 and 66,000 options had an exercise price of $3.44. The closing price on the date of the Merger was $5.60.