Keith M. Rosenbloom - Aug 19, 2022 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role: Director
Signature: /s/ Keith M. Rosenbloom
Stock symbol: AVD
Transactions as of: Aug 19, 2022
Transactions value $: $325,000
Form type: 4
Date filed: 4/5/2023, 04:35 PM
Previous filing: Jul 19, 2022
Next filing: May 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVD	Common Stock	Other	$0	+180K	+22.79%	$0.00	970K	Dec 31, 2022	See footnote	F1, F2
transaction	AVD	Common Stock	Exercise of in-the-money or at-the-money derivative security	$150K	+10K	+1.03%	$15.00	980K	Aug 19, 2022	See footnote	F2
transaction	AVD	Common Stock	Exercise of in-the-money or at-the-money derivative security	$175K	+10K	+1.02%	$17.50	990K	Nov 18, 2022	See footnote	F2
holding	AVD	Common Stock						3.22K	Aug 19, 2022	Direct

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	Call Option (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-10K	-100%	$0.00^*	0	Aug 19, 2022	Common Stock	10K	$15.00	See footnote	F2
transaction	AVD	Call Option (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-10K	-100%	$0.00^*	0	Nov 18, 2022	Common Stock	10K	$17.50	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were transferred, for no consideration, into a separately managed account over which Cruiser Capital Advisors, LLC ("Cruiser Capital") has voting and dispositive power. The unaffiliated client that purchased the shares, purchased 105,000 shares on August 9, 2022 and 75,000 shares on August 10, 2022, and did so without the involvement or knowledge of Cruiser Capital. Cruiser Capital was made aware of the transfer in February 2023, with the transfer effective as of December 31, 2022.
F2	Cruiser Capital serves as the management company or investment adviser to, and may be deemed to have shared voting and dispositive power over the shares of Common Stock held by, various investment funds (the "Cruiser Funds") and separately managed accounts (the "Cruiser SMAs," together with the Cruiser Funds, the "Cruiser Funds and SMAs") that it advises. Keith Rosenbloom ("Mr. Rosenbloom") is the Managing Member of Cruiser Capital and may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Cruiser Funds and SMAs. Cruiser Capital and Mr. Rosenbloom each disclaim beneficial ownership of the securities held by the Cruiser Funds and SMAs, except to the extent of its or his pecuniary interest.

Content

These shares were transferred, for no consideration, into a separately managed account over which Cruiser Capital Advisors, LLC ("Cruiser Capital") has voting and dispositive power. The unaffiliated client that purchased the shares, purchased 105,000 shares on August 9, 2022 and 75,000 shares on August 10, 2022, and did so without the involvement or knowledge of Cruiser Capital. Cruiser Capital was made aware of the transfer in February 2023, with the transfer effective as of December 31, 2022.

Cruiser Capital serves as the management company or investment adviser to, and may be deemed to have shared voting and dispositive power over the shares of Common Stock held by, various investment funds (the "Cruiser Funds") and separately managed accounts (the "Cruiser SMAs," together with the Cruiser Funds, the "Cruiser Funds and SMAs") that it advises. Keith Rosenbloom ("Mr. Rosenbloom") is the Managing Member of Cruiser Capital and may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Cruiser Funds and SMAs. Cruiser Capital and Mr. Rosenbloom each disclaim beneficial ownership of the securities held by the Cruiser Funds and SMAs, except to the extent of its or his pecuniary interest.