0001368622-24-000014.txt : 20240626
0001368622-24-000014.hdr.sgml : 20240626
20240626213622
ACCESSION NUMBER: 0001368622-24-000014
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240626
FILED AS OF DATE: 20240626
DATE AS OF CHANGE: 20240626
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nawabi Wahid
CENTRAL INDEX KEY: 0001538012
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33261
FILM NUMBER: 241075109
MAIL ADDRESS:
STREET 1: C/O AEROVIRONMENT, INC.
STREET 2: 900 INNOVATORS WAY
CITY: SIMI VALLEY
STATE: CA
ZIP: 93065
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AeroVironment Inc
CENTRAL INDEX KEY: 0001368622
STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 952705790
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0430
BUSINESS ADDRESS:
STREET 1: 241 18TH STREET SOUTH, SUITE 415
CITY: ARLINGTON
STATE: VA
ZIP: 22202
BUSINESS PHONE: 805 520 8350
MAIL ADDRESS:
STREET 1: 241 18TH STREET SOUTH, SUITE 415
CITY: ARLINGTON
STATE: VA
ZIP: 22202
4
1
form4.xml
X0508
4
2024-06-26
0001368622
AeroVironment Inc
AVAV
0001538012
Nawabi Wahid
241 18TH STREET SOUTH
SUITE #415
ARLINGTON
VA
22202
true
true
Chair, President and CEO
false
Common Stock
2024-06-26
4
M
0
11788
0
A
90201
D
Common Stock
2024-06-26
4
F
0
5197
192.81
D
85004
D
Performance Restricted Stock Awards
0
2024-06-26
4
M
0
17465
0
A
2024-06-26
2024-06-26
Common Stock
17465
0
D
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.
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").
Upon conversion of the PRSUs, the Reporting Person received 11,788 shares of common stock.
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.
Colby Petersen, attorney-in-fact
2024-06-26