Peter Eilers - 22 Jan 2024 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Signature
/s/ PETER EILERS
Issuer symbol
AVD
Transactions as of
22 Jan 2024
Transactions value $
$0
Form type
4
Filing time
24 Jan 2024, 18:33:59 UTC
Previous filing
17 Aug 2023
Next filing
30 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVD Common Stock Award $0 +2.02K +4.4% $0.00 47.9K 22 Jan 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVD Option to Buy Award $0 +23.6K $0.00 23.6K 22 Jan 2024 Common 23.6K $10.28 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were awarded as part of the issuer's 2024 annual equity award to certain employees and are time-based restricted shares that vest in equal tranches on the first, second and third anniversary of the award date.
F2 These shares are performance-based options that i) vest in equal thirds on the first, second and third anniversary of the date of award, ii) have a term of seven years, and iii) one-third of which are exercisable only to the extent that the trading price of issuer's common stock equals or exceeds $20 per share for at least 10 consecutive trading days during the term of the option and two-thirds of which are exercisable only to the extent that the trading price of issuer's common stock equals or exceeds $25 per share for at least 10 consecutive trading days during the term of the option.

Remarks:

Managing Director, AMVAC Netherlands BV