Eric G. Wintemute - 12 Jul 2024 Form 4 Insider Report for AMERICAN VANGUARD CORP (AVD)

Role
Chairman, Director
Signature
/s/ Eric G. Wintemute
Issuer symbol
AVD
Transactions as of
12 Jul 2024
Net transactions value
$0
Form type
4
Filing time
03 Sep 2024, 16:28:00 UTC
Previous filing
24 Jan 2024
Next filing
03 Sep 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 Disposed to Issuer $0 -86,308 -7.5% $0.000000 1,067,746 12 Jul 2024 Direct F1
transaction AVD Common Stock Tax liability $0 -45,867 -4.3% $0.000000 1,021,879 12 Jul 2024 Direct F2
transaction AVD Common Stock Disposed to Issuer $0 -17,791 -1.8% $0.000000 991,572 21 Aug 2024 Direct F3
transaction AVD Common Stock Tax liability $0 -7,396 -0.75% $0.000000 984,176 21 Aug 2024 Direct F4
transaction AVD Common Stock Award $0 +12,851 +1.3% $0.000000 997,027 21 Aug 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were forfeited without consideration to issuer in connection with the termination of reporting person's employment on July 12, 2024, as per the terms of that certain Transition Agreement dated as of July 3, 2024, between issuer and reporting person (the "Transition Agreement").
F2 These shares were surrendered to issuer as payment of applicable tax withholding for shares that became vested upon reporting person's termination of employment on July 12, 2024 in accordance with the Transition Agreement.
F3 These shares were forfeited without consideration to issuer from the award of performance shares made on April 16, 2021 ("Performance Share Award"), based on the degree of performance achieved which took into account the financial performance of issuer versus that of comparator companies.
F4 These shares were surrendered to issuer as payment of applicable tax withholding in accordance with the Transition Agreement for shares that became vested under the Performance Share Award.
F5 These shares represent an award made by issuer to reporting person as a non-management director for the period commencing on the last date of reporting person's employment (i.e., July 12, 2024) through the date of issuer's 2025 annual meeting of shareholders as per the terms of issuer's compensation plan for non-management directors and the provisions of the Transition Agreement.