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

Role
Chairman, Director
Signature
/s/ Eric G. Wintemute
Stock symbol
AVD
Transactions as of
Jul 12, 2024
Transactions value $
$0
Form type
4
Date filed
9/3/2024, 04:28 PM
Previous filing
Jan 24, 2024
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVD Common Stock Disposed to Issuer $0 -86.3K -7.48% $0.00 1.07M Jul 12, 2024 Direct F1
transaction AVD Common Stock Tax liability $0 -45.9K -4.3% $0.00 1.02M Jul 12, 2024 Direct F2
transaction AVD Common Stock Disposed to Issuer $0 -17.8K -1.76% $0.00 992K Aug 21, 2024 Direct F3
transaction AVD Common Stock Tax liability $0 -7.4K -0.75% $0.00 984K Aug 21, 2024 Direct F4
transaction AVD Common Stock Award $0 +12.9K +1.31% $0.00 997K Aug 21, 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.