X0306 4 2017-03-20 0 0001368622 AeroVironment Inc AVAV 0001686706 Flittie Kirk J. 800 ROYAL OAKS DRIVE SUITE 210 MONROVIA CA 91016 0 1 0 0 VP & General Manager of UAS Common Stock 2017-03-20 4 M 0 11212 20.75 A 29462 D Common Stock 2017-03-20 4 S 0 11212 29.03 D 18250 D Common Stock 2017-03-21 4 M 0 1726 20.75 A 19976 D Common Stock 2017-03-21 4 S 0 1726 28.40 D 18250 D Common Stock 34263 I Footnote Options to Purchase Common Stock 20.75 2017-03-20 4 M 0 11212 0 D 2017-06-13 Common Stock 11212 18788 D Option to Purchase Common Stock 20.75 2017-03-21 4 M 0 1726 0 D 2017-06-13 Common Stock 1726 17062 D The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $29.00-$29.08. 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. The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $28.40 - $28.42 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 Kirk and Jennifer Flittie Family Trust, of which Mr. Flittie is one of the trustees. Mr. Flittie disclaims beneficial ownership of any securities in which he does not have a pecuniary interest. All options are fully exerciseable. /s/ Kasey Hannah, Attorney-in-Fact 2017-03-21