Kaye Douglas bought AVD
December 9, 2024 · Form 4 insider transaction
Kaye Douglas bought 59,003 shares of American Vanguard Corporation at $5.72 per share, a transaction worth $337.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 43 days after the transaction.
Footnotes
These comprise an award of performance-based restricted stock that vests upon the attainment of both (i) continuous employment through his first, third and fifth anniversary of his employment, and (ii) the relative growth of the issuer's total shareholder return as compared with the Russell 2000 as follows: a) 50% of target (i.e., one-third of total award) if the TSR is >= the 25th percentile but < the 50th percentile, b) 100% of the target if the TSR is >= 50th percentile but < the 75th percentile and c) 200% of the target if the TSR is >= the 75th percentile.