Scott Hendrix - 10 Apr 2023 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
SVP Crop Sales, US & Canada
Signature
/s/ SCOTT HENDRIX
Issuer symbol
AVD
Transactions as of
10 Apr 2023
Transactions value $
$0
Form type
4
Filing time
12 Apr 2023, 15:26:25 UTC
Previous filing
22 Jul 2022
Next filing
16 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVD Common Stock Award $0 +2.32K +4.35% $0.00 55.7K 10 Apr 2023 Direct F1
transaction AVD Common Stock Award $0 +2.32K +4.17% $0.00 58K 10 Apr 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These comprise an award of time-based restricted stock that vests in its entirety on April 10, 2026, if and only if reporting person is continuously employed by issuer through such vesting date as per the terms of a Restricted Stock Agreement dated as of April 10, 2023.
F2 These comprise an award of performance-based restricted stock that vests upon the attainment of both (i) continuous employment through April 10,2026, and (ii) the relative growth of the issuer's EBIT (earnings before interest and taxes), net sales and stock price appreciation as compared to that of certain comparator groups over the course of a three-year period as per the terms of a Performance Stock Agreement dated as of April 10,2023.