0001567619-21-012870.txt : 20210701 0001567619-21-012870.hdr.sgml : 20210701 20210701184644 ACCESSION NUMBER: 0001567619-21-012870 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210629 FILED AS OF DATE: 20210701 DATE AS OF CHANGE: 20210701 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Karklin Kenneth D. CENTRAL INDEX KEY: 0001686888 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33261 FILM NUMBER: 211067451 MAIL ADDRESS: STREET 1: 800 ROYAL OAKS DR. #210 CITY: MONROVIA STATE: CA ZIP: 91016 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AeroVironment Inc CENTRAL INDEX KEY: 0001368622 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] 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 doc1.xml FORM 4 X0306 4 2021-06-29 0 0001368622 AeroVironment Inc AVAV 0001686888 Karklin Kenneth D. 900 INNOVATORS WAY SIMI VALLEY CA 93065 0 1 0 0 Senior VP and COO Common Stock 2021-06-29 4 M 0 1705 0 A 14341 D Performance Restricted Stock Units 0 2021-06-29 4 M 0 1592 0 D 2021-06-29 2021-06-29 Common Stock 1592 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, 2018 and ending on April 30, 2021. The target number of units subject to the award is presented in the table. The number of units that vest may be 0% to 200% 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 1,705 shares of common stock. /s/ Kasey Hannah, Attorney-in-Fact 2021-07-01