0001368622-23-000009.txt : 20230629 0001368622-23-000009.hdr.sgml : 20230629 20230629202926 ACCESSION NUMBER: 0001368622-23-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230628 FILED AS OF DATE: 20230629 DATE AS OF CHANGE: 20230629 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stevenson Trace E CENTRAL INDEX KEY: 0001983167 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33261 FILM NUMBER: 231059056 MAIL ADDRESS: STREET 1: 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] 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 X0407 4 2023-06-28 0001368622 AeroVironment Inc AVAV 0001983167 Stevenson Trace E 241 18TH STREET SOUTH SUITE #415 ARLINGTON VA 22202 true Sr. VP false Common Stock 2023-06-28 4 M 0 438 0 A 3852 D Common Stock 2023-06-28 4 F 0 148 94.71 D 3704 D Performance Restricted Stock Awards 0 2023-06-28 4 M 0 1265 0 A 2023-06-28 2023-06-28 Common Stock 1265 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, 2020 and ending on April 30, 2023. 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 438 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 2023-06-29