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Filing Details

Accession Number:: 0001140361-12-015632
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-03-14 21:19:11
Reporting Period:: 2012-03-12

Filing Date:: 2012-03-14
Accepted Time:: 2012-03-14 21:19:11
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. 181 W. Huntington Drive, Suite 202 Monrovia CA 91016	Chairman, President And Ceo	Yes	Yes	Yes	No

Transaction Summary

Sold:	16,600 shares	Avg. Price: $26.80	Total Value: $444,797.00
Number of Shares After Transactions:	3,119,592 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	2012-03-12	8,300	$26.53	3,127,892	No	4	S	Indirect	See footnote
Common Stock	Disposition	2012-03-13	8,300	$27.06	3,119,592	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	100	Direct

Footnotes

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 January 9, 2012.
The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $26.46 - $26.64. 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.
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 pecuniary interest. Prior to this filing Mr. Conver had reported an indirect ownership interest in 768,795 shares of the Registrant's common stock held by the Whiting Family Limited Partnership, of which Mr. Conver is a limited partner. In accordance with SEC Release No. 34-26333, Mr. Conver is not the beneficial owner of the shares held by the Whiting Family Limited Partnership as they are held by a partnership in which he possesses solely a limited partnership interest and other circumstances do not exist which would provide Mr. Conver with the ability to influence or exercise control over the partnership's general partner or the partnership's investment decision. Mr. Conver disclaims beneficial ownership of the shares held by the Whiting Family Limited Partnership and will cease to report ownership of these shares.
The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $26.77 - $27.27. 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.