PETER EILERS - 20 Apr 2022 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
Managing Director, AMVAC Netherlands BV
Signature
/s/ Peter Eilers
Issuer symbol
AVD
Transactions as of
20 Apr 2022
Net transactions value
$0
Form type
4
Filing time
22 Apr 2022, 15:40:12 UTC
Next filing
23 Sep 2022
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 +2,152 +4.2% $0.000000 52,842 20 Apr 2022 Direct F1
transaction AVD Common Stock Award $0 +2,152 +4.1% $0.000000 54,994 20 Apr 2022 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 20, 2025, 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 20, 2022.
F2 These comprise an award of performance-based restricted stock that vests upon the attainment of both (i) continuous employment through April 20, 2025, 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 20,2022.

Remarks:

Managing Director, AMVAC Netherlands BV