0001209191-17-031625.txt : 20170511 0001209191-17-031625.hdr.sgml : 20170511 20170511183209 ACCESSION NUMBER: 0001209191-17-031625 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170509 FILED AS OF DATE: 20170511 DATE AS OF CHANGE: 20170511 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: 601 MIDLAND AVENUE CITY: RYE STATE: NY ZIP: 10580 BUSINESS PHONE: 914-935-2000 MAIL ADDRESS: STREET 1: 601 MIDLAND AVENUE CITY: RYE STATE: NY ZIP: 10580 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Galbato Chan CENTRAL INDEX KEY: 0001382281 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04881 FILM NUMBER: 17835777 MAIL ADDRESS: STREET 1: 191 E NORTH AVENUE CITY: CAROL STREAM STATE: IL ZIP: 60188 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-05-09 0 0000008868 AVON PRODUCTS INC AVP 0001382281 Galbato Chan C/O CERBERUS CAPITAL MANAGEMENT, L.P. 875 THIRD AVENUE, 11TH FLOOR NEW YORK NY 10022 1 0 0 0 Common Stock 2017-05-09 4 M 0 32659 A 32659 D Common Stock 2017-05-09 4 D 0 32659 3.54 D 0 D Phantom Stock 2017-05-09 4 M 0 32659 D 2017-05-09 2017-05-09 Common Stock 32659 0 D Phantom Stock 2017-05-09 4 A 0 32486 0.00 A Common Stock 32486 32486 D Each share of phantom stock was the economic equivalent of one share of Common Stock. The terms of the grant of Phantom Stock required a settlement in cash and payout upon vesting. The reporting person, therefore, had no discretion to settle his shares of phantom stock upon vesting in anything but cash. Phantom Stock granted as part of the Reporting person's annual director retainer in lieu of restricted stock units typically granted under the Avon Products, Inc. Compensation Plan for Non-Employee Directors. Each share of Phantom Stock corresponds 1-for-1 with common stock but is required to settle in cash. 100% of the Phantom Stock vests on the date of the next Annual Meeting of Shareholders. Ginny Edwards, Attorney-In-Fact 2017-05-11 EX-24 2 attachment1.htm EX-24 DOCUMENT

POWER OF ATTORNEY

(Section 16 of the Securities
Exchange Act of 1934)


	Know all by these presents, that the undersigned hereby constitutes and
appoints Ginny Edwards and Robert Wilon, and each of them as the undersigned's
true and lawful attorney-in-fact to:

(1) prepare and execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a
Form ID, including amendments thereto, and any other documents necessary or
appropriate to obtain codes and passwords enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a) of the
Securities Exchange Act of 1934 or any rule or regulation of the SEC;

(2) execute for and on behalf of the undersigned, in the under-
signed's capacity as a director or officer  of Avon Products, Inc. (the
"Company"), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities
Exchange Act of 1934 and the rules thereunder; and

(3)	do and perform any and all acts for and on behalf of the under-
signed which may be necessary or desirable to complete and execute any such Form
3, 4 or 5 and timely file such form with the SEC and any stock exchange or
similar authority.

	The undersigned acknowledges that none of the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, is assuming, nor is
the Company assuming, any of the undersigned's responsibilities to comply with
Section 16 of the Securities Exchange Act of 1934.

	This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
Company's Secretary.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of May 10, 2017.


						/s/Chan W. Galbato
						   Chan W. Galbato