DAVID T. JOHNSON - 24 Jul 2023 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
Chief Financial Officer & Treasurer
Signature
/s/ DAVID T. JOHNSON
Issuer symbol
AVD
Transactions as of
24 Jul 2023
Net transactions value
-$86,707
Form type
4
Filing time
25 Jul 2023, 13:20:54 UTC
Previous filing
16 May 2023
Next filing
24 Jan 2024
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 $86,707 -5,217 -6.9% $16.62 70,145 24 Jul 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 7,261 target performance shares were reduced by 5,217 which is the sum of i) 2,944 shares that were forfeited due to the company not having achieved certain financial metrics during the performance period plus ii) 2,273 shares that were forfeited at the election of reporting person in order to cover payroll taxes. Thus, of the 7,261 performance shares initially recorded on this table, reporting person received 2,044 shares of common stock.

Remarks:

Chief Financial Officer & Treasurer