AeroVironment Inc — Director's Dealing 2017

Dec 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AeroVironment Inc (AVAV)
CIK: 0001368622
Period of Report: 2017-12-27

Reporting Person: Conver Timothy E (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-27	Common Stock	S	2000	$56.90	Disposed	1916735	Indirect
2017-12-27	Common Stock	S	1800	$56.89	Disposed	1914935	Indirect
2017-12-28	Common Stock	S	2000	$57.30	Disposed	1912935	Indirect
2017-12-28	Common Stock	S	1800	$57.30	Disposed	1911135	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	58138	Direct

Footnotes

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 on January 10, 2017.

F2: The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $56.68 - $57.20. 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.

F3: The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $56.70 - $57.13. 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: The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $57.08 - $57.48. 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.

F5: The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $57.06 - $57.46. 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.

F6: 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.