Peter Eilers - 22 Jan 2024 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role: Managing Director, AMVAC Netherlands BV
Signature: /s/ PETER EILERS
Issuer symbol: AVD
Transactions as of: 22 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 24 Jan 2024, 18:33:59 UTC
Previous filing: 17 Aug 2023
Next filing: 30 Aug 2024
SEC: View on sec.gov

Quoteable Key Fact

"Peter Eilers filed Form 4 for AMERICAN VANGUARD CORP (AVD) on 24 Jan 2024."

Quick Takeaways

This page summarizes Peter Eilers's Form 4 filing for AMERICAN VANGUARD CORP (AVD).
2 reported transactions and 1 derivative row are listed below.
Filing timestamp: 24 Jan 2024, 18:33.

What Changed

Previous filing in this sequence was filed on 17 Aug 2023.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVD	Common Stock	Award	$0	+2,019	+4.4%	$0.000000	47,905	22 Jan 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	+23,558		$0.000000	23,558	22 Jan 2024	Common	23,558	$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.

Remarks:

Managing Director, AMVAC Netherlands BV