Brett P. Hush - 26 Jun 2024 Form 4 Insider Report for AeroVironment Inc (AVAV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Jun 2024, 21:54:14 UTC
Prior SEC filing
08 Apr 2024
Next SEC filing
01 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Colby Petersen, attorney-in-fact

Key filing fact

Brett P. Hush filed Form 4 for AeroVironment Inc (AVAV) on 26 Jun 2024.

Key facts

  • This page summarizes Brett P. Hush's Form 4 filing for AeroVironment Inc (AVAV).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Jun 2024, 21:54.

Change

  • Previous filing in this sequence was filed on 08 Apr 2024.
  • Current net transaction value: -$31,428.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AVAV transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+673
Change %
+19%
Price
$0.000000
Shares after
4,152
Date
26 Jun 2024
Ownership
Direct
Footnotes
F1
AVAV transaction

Common Stock

Tax liability

Transaction value
$31,428
Shares
-163
Change %
-3.9%
Price
$192.81
Shares after
3,989
Date
26 Jun 2024
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AVAV transaction Derivative

Performance Restricted Stock Awards

Options Exercise

Transaction value
$0
Shares
+998
Change %
Price
$0.000000*
Shares after
0
Date
26 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
998
Exercise price
$0.000000
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each Performance Restricted Stock Unit (PRSU) represents the contingent right to receive, following vesting, shares of the issuer's common stock. The resulting number of shares of the issuer's common stock acquired upon vesting of the PRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on May 1, 2021 and ending on April 30, 2024. The target number of units subject to the award is presented in the table. The number of units that vest may be 0% to 250% of the target number of units, depending on performance.

Footnote F2

Unless earlier forfeited under the terms of the PRSU, each PRSU vests and converts into shares of the issuer's common stock upon certification by the Company's Compensation Committee of the achievement of the performance metrics of the PRSUs (the "Certification Date").

Footnote F3

Upon conversion of the PRSUs, the Reporting Person received 673 shares of common stock.

Footnote F4

Disposition made pursuant to a net settlement whereby shares of stock were tendered to satisfy tax withholding obligations arising in the conjunction with the vesting of previously issued Performance Restricted Stock Units.

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