Scott Hendrix - Jan 22, 2024 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
SVP Crop Sales, US & Canada
Signature
/s/ SCOTT HENDRIX
Stock symbol
AVD
Transactions as of
Jan 22, 2024
Transactions value $
$0
Form type
4
Date filed
1/24/2024, 05:29 PM
Previous filing
Jul 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVD Common Stock Award $0 +2.32K +4.59% $0.00 52.8K Jan 22, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVD Option to Buy Award $0 +27K $0.00 27K Jan 22, 2024 Common 27K $10.28 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were awarded as part of the issuer's 2024 annual equity award to certain employees and are time-based restricted shares that vest in equal tranches on the first, second and third anniversary of the award date.
F2 These shares are performance-based options that i) vest in equal thirds on the first, second and third anniversary of the date of award, ii) have a term of seven years, and iii) one-third of which are exercisable only to the extent that the trading price of issuer's common stock equals or exceeds $20 per share for at least 10 consecutive trading days during the term of the option and two-thirds of which are exercisable only to the extent that the trading price of issuer's common stock equals or exceeds $25 per share for at least 10 consecutive trading days during the term of the option.

Remarks:

SVP Crop Sales, US & Canada