SEC Form 4 · accession 0001140361-16-067320
AeroVironment Inc · AVAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Conver
Director · 10% Owner · Other
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368622
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | May 24, 2016 | S | 4,250 | $28.1858 | D | 2,238,785 | I | See Footnote |
| Common StockF4,F3 | May 25, 2016 | S | 4,250 | $28.3579 | D | 2,234,535 | I | See Footnote |
| Common Stock | holding | — | — | — | 51,803 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of the Conver Family Trust on December 28, 2015.
- F2The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $27.81 - $28.36. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F3Held by the Conver Family Trust, of which Mr. Conver is one of the trustees. Mr. Conver disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
- F4The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $28.11 - $28.64. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.