Shayne M. Wetherall - Jul 24, 2023 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role: CEO, Envance Technology
Signature: /s/ SHAYNE M. WETHERALL
Stock symbol: AVD
Transactions as of: Jul 24, 2023
Transactions value $: -$37,545
Form type: 4
Date filed: 7/25/2023, 12:28 PM
Previous filing: May 16, 2023
Next filing: Jan 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVD	Common Stock	Tax liability	-$37.5K	-2.26K	-6.05%	$16.62	35.1K	Jul 24, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Issuer has completed its analysis of comparative financial metrics for the performance-based shares that were awarded on May 13, 2020 and were to vest on May 13, 2023. With respect to this reporting person, the 3,458 target performance shares were reduced by 2,259 which is the sum of i) 1,402 shares that were forfeited due to the company not having achieved certain financial metrics during the performance period plus ii) 857 shares that were forfeited at the election of reporting person in order to cover payroll taxes. Thus, of the 3,458 performance shares initially recorded on this table, reporting person received 1,199 shares of common stock.

Content

Issuer has completed its analysis of comparative financial metrics for the performance-based shares that were awarded on May 13, 2020 and were to vest on May 13, 2023. With respect to this reporting person, the 3,458 target performance shares were reduced by 2,259 which is the sum of i) 1,402 shares that were forfeited due to the company not having achieved certain financial metrics during the performance period plus ii) 857 shares that were forfeited at the election of reporting person in order to cover payroll taxes. Thus, of the 3,458 performance shares initially recorded on this table, reporting person received 1,199 shares of common stock.