Ulrich Trogele - 20 Apr 2022 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
COO, Sr. VP AMVAC Chemical Corp.
Signature
/s/ Ulrich Trogele
Issuer symbol
AVD
Transactions as of
20 Apr 2022
Net transactions value
+$54,163
Form type
4
Filing time
22 Apr 2022, 16:44:34 UTC
Previous filing
16 Sep 2021
Next filing
15 Jul 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 Tax liability $54,163 +2,755 +1.8% $19.66 157,292 28 Mar 2022 Direct F1
transaction AVD Common Stock Award $0 +4,424 +2.8% $0.000000 161,716 20 Apr 2022 Direct F2
transaction AVD Common Stock Award $0 +4,424 +2.7% $0.000000 166,140 20 Apr 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were forfeited at the election of reporting person in order to cover payroll taxes arising from the vesting of 6,719 shares of time-based restricted stock that had been awarded on March 28, 2019 and vested on March 28, 2022.
F2 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.
F3 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:

COO, Sr. VP AMVAC Chemical Corp.