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Filing Details

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: $26.58	Total Value: $441,228.00
Number of Shares After Transactions:	3,102,992 shares

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-03-28	8,300	$26.53	3,111,292	No	4	S	Indirect	See footnote
Common Stock	Disposition	2012-03-29	8,300	$26.63	3,102,992	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 $26.40 - $26.91. 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.
The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $26.50 - $26.96. 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.