0001567619-22-013610.txt : 20220701
0001567619-22-013610.hdr.sgml : 20220701
20220701175029
ACCESSION NUMBER: 0001567619-22-013610
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220629
FILED AS OF DATE: 20220701
DATE AS OF CHANGE: 20220701
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brown Melissa Ann
CENTRAL INDEX KEY: 0001718505
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33261
FILM NUMBER: 221062560
MAIL ADDRESS:
STREET 1: 800 ROYAL OAKS DRIVE
STREET 2: SUITE 210
CITY: MONROVIA
STATE: CA
ZIP: 91016
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
doc1.xml
FORM 4
X0306
4
2022-06-29
0
0001368622
AeroVironment Inc
AVAV
0001718505
Brown Melissa Ann
241 18TH STREET SOUTH
SUITE #415
ARLINGTON
VA
22202
0
1
0
0
VP, Gen. Counsel, Corp. Sec
Common Stock
2022-06-29
4
M
0
984
0
A
12321
D
Common Stock
2022-06-29
4
F
0
341
77.96
D
11980
D
Performance Restricted Stock Units
0
2022-06-29
4
M
0
2862
0
D
2022-06-29
2022-06-29
Common Stock
2862
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, 2019 and ending on April 30, 2022. 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 984 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.
/s/ Kasey Hannah, Attorney-in-Fact
2022-07-01