0001209191-18-031084.txt : 20180517 0001209191-18-031084.hdr.sgml : 20180517 20180517172759 ACCESSION NUMBER: 0001209191-18-031084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180516 FILED AS OF DATE: 20180517 DATE AS OF CHANGE: 20180517 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: 18844215 MAIL ADDRESS: STREET 1: 191 E NORTH AVENUE CITY: CAROL STREAM STATE: IL ZIP: 60188 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-05-16 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 2018-05-16 4 M 0 32486 A 32486 D Common Stock 2018-05-16 4 D 0 32486 1.88 D 0 D Phantom Stock 2018-05-16 4 M 0 32486 D 2018-05-16 2018-05-16 Common Stock 32486 0 D Phantom Stock 2018-05-16 4 A 0 61170 0.00 A Common Stock 61170 61170 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 2018-05-17