Peter Porpiglia - Jul 24, 2023 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
Vice President Product Dev't (AMVAC)
Signature
/s/ PETER PORPIGLIA
Stock symbol
AVD
Transactions as of
Jul 24, 2023
Transactions value $
-$38,459
Form type
4
Date filed
7/25/2023, 12:38 PM
Previous filing
May 17, 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 -$38.5K -2.31K -6.85% $16.62 31.5K 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 2,314 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) 912 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 1,144 shares of common stock.

Remarks:

Vice President Product Dev't (AMVAC)