0001209191-19-031601.txt : 20190520
0001209191-19-031601.hdr.sgml : 20190520
20190520212759
ACCESSION NUMBER: 0001209191-19-031601
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190516
FILED AS OF DATE: 20190520
DATE AS OF CHANGE: 20190520
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TESSLER LENARD
CENTRAL INDEX KEY: 0001264513
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04881
FILM NUMBER: 19840668
MAIL ADDRESS:
STREET 1: C/O COMMUNICATIONS ADVISORY GROUP
STREET 2: 565 BENEFIELD BLVD
CITY: SEVERNA PARK
STATE: MD
ZIP: 21146
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
2019-05-16
0
0000008868
AVON PRODUCTS INC
AVP
0001264513
TESSLER LENARD
C/O CERBERUS CAPITAL MANAGEMENT, L.P.
875 THIRD AVE, 11TH FLOOR
NEW YORK
NY
10022
1
0
0
0
Common Stock
2019-05-16
4
M
0
66584
A
66584
D
Common Stock
2019-05-16
4
D
0
66584
3.14
D
0
D
Phantom Stock
2019-05-16
4
M
0
66584
D
2019-05-06
2019-05-06
Common Stock
66584
0
D
Phantom Stock
2019-05-16
4
A
0
36624
0.00
A
Common Stock
36624
36624
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
2019-05-20