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AMERICAN VANGUARD CORP — Director's Dealing 2023
Apr 12, 2023
33851_dirs_2023-04-12_ac9de7e1-41a9-40bc-9d8f-b426c673f8ff.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: 2023-04-10
Reporting Person: Johnson David` T. (CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-10 | Common Stock | A | 4196 | $0.00 | Acquired | 74989 | Direct |
| 2023-04-10 | Common Stock | A | 4196 | $0.00 | Acquired | 79185 | Direct |
Footnotes
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.