Edward R. Muller - 09 Mar 2023 Form 4 Insider Report for AeroVironment Inc (AVAV)

Role
Director
Signature
/s/ Colby Petersen, Attorney-in-Fact
Issuer symbol
AVAV
Transactions as of
09 Mar 2023
Net transactions value
-$13,318
Form type
4
Filing time
13 Mar 2023, 16:37:58 UTC
Previous filing
18 Jul 2022
Next filing
16 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVAV Common Stock Options Exercise $681,750 +25,000 +856% $27.27 27,919 09 Mar 2023 Direct
transaction AVAV Common Stock Sale $695,068 -7,511 -27% $92.54 20,408 09 Mar 2023 Direct F1, F2
holding AVAV Common Stock 27,007 09 Mar 2023 See Footnote F3
holding AVAV Common Stock 810 09 Mar 2023 See Footnote F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVAV Option to Purchase Common Stock Options Exercise $0 -25,000 -100% $0.000000* 0 09 Mar 2023 Common Stock 25,000 $27.27 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to pay the option exercise price and taxes
F2 The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $91.69- $93.57. 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.
F3 Shares are held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust, of which Mr. Muller is one of the trustees. Mr. Muller disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
F4 Shares are held by the Edward R. Muller IRA of which Mr. Muller has sole power of disposition.
F5 Options vested in five equal annual installments beginning on November 21, 2013.