Form 4 for AVAV AeroVironment Inc

Accepted 2021-09-16 00:00:00 ET · period of report 2021-09-14 · accession 0001567619-21-017209 · 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
MI	2021-09-16	2021-09-14+	AVAV	Conver Timothy E	Dir, COB	S - Sale	$88.21	-18.0K	239.5K	-7%	-$1.59M

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	2021-09-16	S	D	1,200	$87.23	238,326	I See Footnote	—	—	(F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of The Conver Family Trust and as the manager of C5 Holdings LLC, on March 17, 2021. (F7) The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $86.41 - $87.95. 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. (F4) Held by C5 Holdings LLC, a Delaware limited liability company. (F5) The reporting person is the manager of C5 Holdings LLC and consequently may be deemed to have sole voting control and investment discretion over securities owned by C5 Holdings LLC. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein. The foregoing should not be construed in and of itself as an admission by the reporting person as to the beneficial ownership of the securities owned by such LLC.
2	Common	Common Stock	2021-09-16	S	D	4,800	$87.23	670,601	I See Footnote	—	—	(F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of The Conver Family Trust and as the manager of C5 Holdings LLC, on March 17, 2021. (F7) The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $86.41 - $87.95. 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. (F2) Held by The Conver Family Trust, of which Mr. Conver is one of the trustees. Mr. Conver disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
3	Common	Common Stock	2021-09-15	S	D	4,800	$87.45	675,401	I See Footnote	—	—	(F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of The Conver Family Trust and as the manager of C5 Holdings LLC, on March 17, 2021. (F6) The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $86.62 - $88.55. 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. (F2) Held by The Conver Family Trust, of which Mr. Conver is one of the trustees. Mr. Conver disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
4	Common	Common Stock	2021-09-14	S	D	4,800	$89.94	680,201	I See Footnote	—	—	(F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of The Conver Family Trust and as the manager of C5 Holdings LLC, on March 17, 2021. (F3) The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $88.82 - $90.90. 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. (F2) Held by The Conver Family Trust, of which Mr. Conver is one of the trustees. Mr. Conver disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
5	Common	Common Stock	2021-09-14	S	D	1,200	$89.94	240,726	I See Footnote	—	—	(F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of The Conver Family Trust and as the manager of C5 Holdings LLC, on March 17, 2021. (F3) The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $88.82 - $90.90. 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. (F4) Held by C5 Holdings LLC, a Delaware limited liability company. (F5) The reporting person is the manager of C5 Holdings LLC and consequently may be deemed to have sole voting control and investment discretion over securities owned by C5 Holdings LLC. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein. The foregoing should not be construed in and of itself as an admission by the reporting person as to the beneficial ownership of the securities owned by such LLC.
6	Common	Common Stock	2021-09-15	S	D	1,200	$87.45	239,526	I See Footnote	—	—	(F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Conver, as Trustee of The Conver Family Trust and as the manager of C5 Holdings LLC, on March 17, 2021. (F6) The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $86.62 - $88.55. 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. (F4) Held by C5 Holdings LLC, a Delaware limited liability company. (F5) The reporting person is the manager of C5 Holdings LLC and consequently may be deemed to have sole voting control and investment discretion over securities owned by C5 Holdings LLC. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein. The foregoing should not be construed in and of itself as an admission by the reporting person as to the beneficial ownership of the securities owned by such LLC.