| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVTE | Common Stock | Options Exercise | $4.2K | +2.41K | +186.91% | $1.74* | 3.7K | Sep 6, 2023 | Direct | F1 |
| transaction | AVTE | Common Stock | Options Exercise | $3.25K | +1.52K | +40.98% | $2.14* | 5.22K | Sep 6, 2023 | Direct | F1 |
| transaction | AVTE | Common Stock | Sale | -$59.2K | -3.93K | -75.28% | $15.06 | 1.29K | Sep 6, 2023 | Direct | F1, F2 |
| transaction | AVTE | Common Stock | Options Exercise | $64.20 | +30 | +2.32% | $2.14* | 1.32K | Sep 7, 2023 | Direct | F1 |
| transaction | AVTE | Common Stock | Sale | -$450 | -30 | -2.27% | $15.01 | 1.29K | Sep 7, 2023 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVTE | Stock Option (Right to Buy) | Options Exercise | $0 | -906 | -20.01% | $0.00 | 3.62K | Sep 6, 2023 | Common Stock | 906 | $1.74 | Direct | F1, F3 |
| transaction | AVTE | Stock Option (Right to Buy) | Options Exercise | $0 | -1.51K | -8.33% | $0.00 | 16.6K | Sep 6, 2023 | Common Stock | 1.51K | $1.74 | Direct | F1, F4 |
| transaction | AVTE | Stock Option (Right to Buy) | Options Exercise | $0 | -1.02K | -5% | $0.00 | 19.4K | Sep 6, 2023 | Common Stock | 1.02K | $2.14 | Direct | F1, F5 |
| transaction | AVTE | Stock Option (Right to Buy) | Options Exercise | $0 | -500 | -0.33% | $0.00 | 150K | Sep 6, 2023 | Common Stock | 500 | $2.14 | Direct | F1, F6 |
| transaction | AVTE | Stock Option (Right to Buy) | Options Exercise | $0 | -30 | -0.02% | $0.00 | 150K | Sep 7, 2023 | Common Stock | 30 | $2.14 | Direct | F1, F6 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 14, 2022. |
| F2 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.00 to $15.29, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. |
| F3 | A total of 48,293 shares subject to an employee stock option were granted on September 4, 2020, with 10% of the shares vested on January 1, 2020, an additional 22.5% of the shares vested on January 1, 2021, and the remainder vesting in 36 substantially equal monthly installments thereafter. |
| F4 | A total of 72,325 shares subject to an employee stock option were granted on September 4, 2020, with 25% of the shares vested on August 1, 2021, and the remainder vesting in 36 substantially equal monthly installments thereafter. |
| F5 | A total of 48,882 shares subject to an employee stock option were granted on April 2, 2021, with the first installment vested on May 2, 2021, with shares vesting in 48 substantially equal monthly installments. |
| F6 | A total of 328,921 shares subject to an employee stock option were granted on April 2, 2021, with the first installment vested on July 4, 2021, and with shares vesting in 48 substantially equal monthly installments. |
Officer Title: President, Chief Operating Officer and Secretary