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Filing Details

Accession Number:: 0001567619-19-022790
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-12-09 17:48:45
Reporting Period:: 2019-12-05

Accepted Time:: 2019-12-09 17:48:45
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1368622	Aerovironment Inc	AVAV	Aircraft (3721)	952705790

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1383773	E Timothy Conver	C/O Aerovironment, Inc. 900 Innovators Way Simi Valley CA 93065		Yes	No	No	Yes

Transaction Summary

Sold:	13,792 shares	Avg. Price: $61.72	Total Value: $851,173.28
Number of Shares After Transactions:	1,168,701 shares

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2019-12-05	300,000	$0.00	1,182,493	No	4	J	Indirect	See Footnote
Common Stock	Acquisiton	2019-12-05	300,000	$0.00	330,000	No	4	J	Indirect	See Footnote
Common Stock	Disposition	2019-12-05	6,896	$60.86	1,175,597	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2019-12-06	6,896	$62.57	1,168,701	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See Footnote
No	4	J	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	56,032	Direct

Footnotes

The transaction is a transfer of 300,000 shares of Common Stock, for no consideration, by The Conver Family Trust to C5 Holdings LLC, a Delaware limited liability company.
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 pecuniaryinterest.
The transaction is the receipt of 300,000 shares of Common Stock, for no consideration, in the transfer referenced in Footnote 1.
C5 Holdings LLC holds the 300,000 shares of Common Stock referenced in Footnote 3 plus 30,000 shares of Common Stock contributed, without consideration, by certain trusts that are non-affiliates of the Issuer. 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 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 C5 Holdings LLC.
The reporting person is the manager of C5 Holdings LLC, a Delaware limited liability company, 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 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 on December 8, 2018.
The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $60.00 - $61.67. 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.
The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $61.91 - $63.28. 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.