Eric G. Wintemute - Jan 22, 2024 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role: Chairman & CEO, Director
Signature: /s/ ERIC G. WINTEMUTE
Stock symbol: AVD
Transactions as of: Jan 22, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/24/2024, 05:39 PM
Previous filing: Jul 25, 2023
Next filing: Sep 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVD	Common Stock	Award	$0	+39.2K	+3.51%	$0.00	1.15M	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	+197K		$0.00	197K	Jan 22, 2024	Common	197K	$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.

Content

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.

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.