Timothy E. Conver - Sep 14, 2021 Form 4 Insider Report for AeroVironment Inc (AVAV)

Signature
/s/ Kasey Hannah - Attorney - in - Fact
Stock symbol
AVAV
Transactions as of
Sep 14, 2021
Transactions value $
-$1,587,720
Form type
4
Date filed
9/16/2021, 08:54 PM
Previous filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVAV Common Stock Sale -$432K -4.8K -0.7% $89.94 680K Sep 14, 2021 See Footnote F1, F2, F3
transaction AVAV Common Stock Sale -$420K -4.8K -0.71% $87.45 675K Sep 15, 2021 See Footnote F1, F2, F6
transaction AVAV Common Stock Sale -$419K -4.8K -0.71% $87.23 671K Sep 16, 2021 See Footnote F1, F2, F7
transaction AVAV Common Stock Sale -$108K -1.2K -0.5% $89.94 241K Sep 14, 2021 See Footnote F1, F3, F4, F5
transaction AVAV Common Stock Sale -$105K -1.2K -0.5% $87.45 240K Sep 15, 2021 See Footnote F1, F4, F5, F6
transaction AVAV Common Stock Sale -$105K -1.2K -0.5% $87.23 238K Sep 16, 2021 See Footnote F1, F4, F5, F7
holding AVAV Common Stock 46.4K Sep 14, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 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 and as the manager of C5 Holdings LLC, on March 17, 2021.
F2 Held 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.
F3 The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $88.82 - $90.90. 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.
F4 Held by C5 Holdings LLC, a Delaware limited liability company.
F5 The reporting person is the manager of C5 Holdings LLC and consequently may be deemed to have sole voting control and investment discretion over securities owned by C5 Holdings LLC. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein. The foregoing should not be construed in and of itself as an admission by the reporting person as to the beneficial ownership of the securities owned by such LLC.
F6 The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $86.62 - $88.55. 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.
F7 The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $86.41 - $87.95. 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.