SEC Form 4 · accession 0001140361-17-012973
AeroVironment Inc · AVAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirk J. Flittie
Officer — VP & General Manager of UAS
Period of report
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 7:39 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 Stock | Mar 20, 2017 | M | 11,212 | $20.75 | A | 29,462 | D | |
| Common StockF1 | Mar 20, 2017 | S | 11,212 | $29.03 | D | 18,250 | D | |
| Common Stock | Mar 21, 2017 | M | 1,726 | $20.75 | A | 19,976 | D | |
| Common StockF2 | Mar 21, 2017 | S | 1,726 | $28.40 | D | 18,250 | D | |
| Common StockF3 | holding | — | — | — | 34,263 | I | Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF4 | $20.75 | Mar 20, 2017 | M | 11,212 | D | — | Jun 13, 2017 | Common Stock | 11,212 | 18,788 | D |
| Option to Purchase Common StockF4 | $20.75 | Mar 21, 2017 | M | 1,726 | D | — | Jun 13, 2017 | Common Stock | 1,726 | 17,062 | D |
Explanation of responses
- F1The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $29.00-$29.08. 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.
- F2The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $28.40 - $28.42 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 Kirk and Jennifer Flittie Family Trust, of which Mr. Flittie is one of the trustees. Mr. Flittie disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
- F4All options are fully exerciseable.