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AMERICAN VANGUARD CORP — Director's Dealing 2016
Jan 8, 2016
33851_dirs_2016-01-08_854401fa-41f8-4572-b478-2f4ce8794440.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMERICAN VANGUARD CORP (AVD)
CIK: 0000005981
Period of Report: 2016-01-06
Reporting Person: Baker Smith Cindy (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-06 | Common Stock | A | 3433 | $0.00 | Acquired | 22955 | Direct |
| 2016-01-06 | Common Stock | A | 3433 | $0.00 | Acquired | 26388 | Direct |
Footnotes
F1: These comprise an award of time-based restricted stock that vests in its entirety on January 6, 2019, 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 January 6, 2016.
F2: These comprise an award of performance-based restricted stock that vests upon the attainment of both (i) continuous employment through January 6, 2019, and (ii) the relative growth of the issuer's EBIT, net sales and stock price appreciation as compared to that of certain industry comparator groups over the course of fiscal years 2016 - 2018 as per the terms of a Performance Stock Agreement dated as of January 6, 2016.