4//SEC Filing
Nawabi Wahid 4
Accession 0001368622-24-000014
CIK 0001368622other
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 9:36 PM ET
Size
9.3 KB
Accession
0001368622-24-000014
Insider Transaction Report
Form 4
Nawabi Wahid
Senior VP and GM
Transactions
- Exercise/Conversion
Common Stock
2024-06-26+11,788→ 90,201 total - Tax Payment
Common Stock
2024-06-26$192.81/sh−5,197$1,002,034→ 85,004 total - Exercise/Conversion
Performance Restricted Stock Awards
2024-06-26+17,465→ 0 totalExercise: $0.00From: 2024-06-26Exp: 2024-06-26→ Common Stock (17,465 underlying)
Footnotes (4)
- [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").
- [F3]Upon conversion of the PRSUs, the Reporting Person received 11,788 shares of common stock.
- [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.
Documents
Issuer
AeroVironment Inc
CIK 0001368622
Entity typeother
Related Parties
1- filerCIK 0001538012
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 9:36 PM ET
- Size
- 9.3 KB