0001209191-20-000475.txt : 20200102
0001209191-20-000475.hdr.sgml : 20200102
20200102205129
ACCESSION NUMBER: 0001209191-20-000475
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: Zijderveld Jan
CENTRAL INDEX KEY: 0001729729
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04881
FILM NUMBER: 20503077
MAIL ADDRESS:
STREET 1: BANKAPLEIN 1 (2585 EV)
CITY: DEN HAAG
STATE: P7
ZIP: 2585 EV
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
0001729729
Zijderveld Jan
C/O AVON PRODUCTS, INC.
1 AVON PLACE
SUFFERN
NY
10901
1
1
0
0
CEO
Restricted Stock Units
2019-12-30
4
M
0
600000
D
Common Stock
600000
0
D
Restricted Stock
2019-12-30
4
M
0
600000
A
Common Stock
600000
600000
D
Restricted Stock
2019-12-30
4
F
0
188940
D
Common Stock
188940
411060
D
Restricted Stock
2019-12-30
4
A
0
1481028
A
Common Stock
1481028
1481028
D
Restricted Stock
2019-12-30
4
F
0
462757
D
Common Stock
462757
1018271
D
Restricted stock units and restricted stock convert into common stock on a 1-for-1 basis.
Restricted stock units granted on 2/5/18 (the "Units") were scheduled to vest into common stock on 2/5/21. 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.
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: 288,419 on 3/14/21; 411,060 on 3/27/21; and 318,792 on 3/13/22.
Ginny Edwards, Attorney-In-Fact
2020-01-02