Form 4 for AVAV AeroVironment Inc
Accepted 2024-06-26 00:00:00 ET · period of report 2024-06-26 · accession 0001368622-24-000014 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-26 | 2024-06-26 | AVAV | Nawabi Wahid | COB, Pres, CEO, Dir | M - OptEx | $0.00 | +11.8K | 90.2K | +15% | $0 |
| D | 2024-06-26 | 2024-06-26 | AVAV | Nawabi Wahid | COB, Pres, CEO, Dir | F - Tax | $192.81 | -5,197 | 85.0K | -6% | -$1.00M |
| D | 2024-06-26 | 2024-06-26 | AVAV | Nawabi Wahid | COB, Pres, CEO, Dir | M - OptEx | $0.00 | +17.5K | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-26 | M | A | 11,788 | $0.00 | 90,201 | D | — | — | (F1) 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, 2021 and ending on April 30, 2024. The target number of units subject to the award is presented in the table. The number of units that vest may be 0% to 250% of the target number of units, depending on performance. |
| 2 | Common | Common Stock | 2024-06-26 | F | D | 5,197 | $192.81 | 85,004 | D | — | — | (F4) 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. |
| 3 | Derivative | Performance Restricted Stock Awards | 2024-06-26 | M | A | 17,465 | $0.00 | 0 | D | $0.00 · 2024-06-26 to 2024-06-26 | 17,465 Common Stock | (F1) 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, 2021 and ending on April 30, 2024. The target number of units subject to the award is presented in the table. The number of units that vest may be 0% to 250% of the target number of units, depending on performance. (F2) 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"). |