UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): March 15, 2011
AMERICAN VANGUARD CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | 001-13795 | 95-2588080 | ||
| (State or other jurisdiction of incorporation) |
Commission File Number | (I.R.S. Employer Identification No.) |
4695 MacArthur Court
Newport Beach, California 92660
(Address of principal executive offices)
Registrant’s telephone number: (949) 260-1200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Based upon company-wide and individual performance during fiscal year 2010, as determined by the Compensation Committee of the Board of Directors of American Vanguard Corporation (the “Company”), executive officers of the Company were paid incentive compensation in a lump sum as follows: Eric G. Wintemute, President & Chief Executive Officer —$137,500; Glen D. Johnson, Senior Vice President of Business Development, AMVAC Chemical Corporation—$85,000; David T. Johnson, Vice President, Chief Financial Officer & Treasurer—$70,000; Timothy J. Donnelly, Chief Administrative Officer, General Counsel & Secretary—$70,000; and Johann Venter, Vice President of Technology, AMVAC Chemical Corporation—$10,000.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMERICAN VANGUARD CORPORATION
| ||||||||
| Date: March 17, 2011 | By: | /s/ Timothy J. Donnelly | ||||||
| Timothy J. Donnelly Chief Administrative Officer, General Counsel & Secretary | ||||||||