0001209191-20-000478.txt : 20200102
0001209191-20-000478.hdr.sgml : 20200102
20200102205538
ACCESSION NUMBER: 0001209191-20-000478
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191230
FILED AS OF DATE: 20200102
DATE AS OF CHANGE: 20200102
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Myers Jonathan Charles
CENTRAL INDEX KEY: 0001711220
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04881
FILM NUMBER: 20503084
MAIL ADDRESS:
STREET 1: C/O AVON PRODUCTS, INC.
STREET 2: 601 MIDLAND AVENUE
CITY: RYE
STATE: NY
ZIP: 10580
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AVON PRODUCTS INC
CENTRAL INDEX KEY: 0000008868
STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
IRS NUMBER: 130544597
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 AVON PLACE
CITY: SUFFERN
STATE: NY
ZIP: 10901
BUSINESS PHONE: 8453692000
MAIL ADDRESS:
STREET 1: 1 AVON PLACE
CITY: SUFFERN
STATE: NY
ZIP: 10901
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-12-30
0
0000008868
AVON PRODUCTS INC
AVP
0001711220
Myers Jonathan Charles
C/O AVON PRODUCTS, INC.
1 AVON PLACE
SUFFERN
NY
10901
0
1
0
0
EVP, COO
Restricted Stock Units
2019-12-30
4
M
0
265996
D
Common Stock
265996
0
D
Restricted Stock
2019-12-30
4
M
0
265996
A
Common Stock
265996
265996
D
Restricted Stock
2019-12-30
4
F
0
117183
D
Common Stock
117183
148813
D
Restricted Stock
2019-12-30
4
A
0
288167
A
Common Stock
288167
288167
D
Restricted Stock
2019-12-30
4
F
0
127254
D
Common Stock
127254
160913
D
Restricted stock units and restricted stock convert into common stock on a 1-for-1 basis.
Restricted stock units were granted on 9/01/2017, 3/14/2018 and 3/13/2019 and were scheduled to vest into common stock on 9/01/20, 3/14/2021 and 3/13/2022. In anticipation of Avon Products, Inc.'s upcoming merger with Natura Cosmeticos S.A. (the "Upcoming Merger") and with approval of the Compensation and Management Development Committee of the Board of Directors, the Units were converted into restricted stock on 12/30/19 and retain the Units' original vesting date and will vest as follows: 36,642 on 9/01/20; 53,905 on 3/14/21; and 55,266 on 3/13/22.
Represents shares withheld for tax purposes.
Shares calculated for withholding at the closing price on the date of the transaction, or $5.70.
In anticipation of the Upcoming Merger and with approval of the Compensation and Management Development Committee of the Board of Directors, previously granted performance-based restricted stock units (PSUs) were converted into restricted stock on 12/30/19. The restricted stock granted in place of the PSUs retain the PSUs' original vesting dates and vest as follows: 33,299 on 9/01/20; 55,344 on 3/14/21; and 72,270 on 3/13/22.
Ginny Edwards, Attorney-In-Fact
2020-01-02