0001368622-23-000017.txt : 20230629 0001368622-23-000017.hdr.sgml : 20230629 20230629204358 ACCESSION NUMBER: 0001368622-23-000017 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230628 FILED AS OF DATE: 20230629 DATE AS OF CHANGE: 20230629 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nawabi Wahid CENTRAL INDEX KEY: 0001538012 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33261 FILM NUMBER: 231059072 MAIL ADDRESS: STREET 1: C/O AEROVIRONMENT, INC. STREET 2: 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 0001538012 Nawabi Wahid 241 18TH STREET SOUTH SUITE #415 ARLINGTON VA 22202 true true Chair, President and CEO false Common Stock 2023-06-28 4 M 0 5783 0 A 73665 D Common Stock 2023-06-28 4 F 0 2868 94.71 D 70797 D Performance Restricted Stock Awards 0 2023-06-28 4 M 0 16667 0 A 2023-06-28 2023-06-28 Common Stock 16667 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 5,783 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 EX-24 2 poa_nawabi.htm

 
POWER OF ATTORNEY
 
The undersigned hereby constitutes and appoints each of Melissa Brown, Colby Petersen, and Kasey Hannah, signing singly, the undersigned’s true and lawful attorney-in-fact to:
 
(1)                              execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of AeroVironment, Inc. (the “Company”), Forms 3, 4, and 5 and any amendments thereto in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
 
(2)                              do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
 
(3)                              take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
 
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
 
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
 
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of the date below.
 


 
 
       
Date: 09/01/2022
By:
/s/ Wahid Nawabi
  
    Name