AeroVironment director granted new stock awards
Long Mary Beth reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Long Mary Beth reported acquisition or exercise transactions in this Form 4 filing.
AeroVironment Inc director Mary Beth Long reported two stock awards of Common Stock on Form 4. The filing shows grants of 130 restricted shares and 1,047 restricted shares as compensation, each at a stated price of $0.00 per share.
According to the footnotes, both awards consist of restricted shares that vest in full on July 11, 2027, subject to her continued service. If her service ends before that date, a prorated portion of each grant will vest immediately upon termination, with the remainder forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,047 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 130 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a grant of restricted shares of Common Stock that will vest in full on July 11, 2027, subject to the Reporting Person's continued service to the Issuer through such date. If the Reporting Person's service terminates prior to the vesting date, a prorated portion of the grant will vest immediately upon such termination.
- F2. Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services performed during the prior fiscal year. The shares vest in full on July 11, 2027, subject to continued service; provided that upon the Reporting Person's termination of services, a prorated portion of the grant will vest immediately upon termination of services.
Key Figures
Key Terms
special grant financial
continued service financial
FAQ
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What insider transaction did AeroVironment (AVAV) report for Mary Beth Long?
What happens if Mary Beth Long leaves AeroVironment (AVAV) before July 11, 2027?
Why did AeroVironment (AVAV) grant a special restricted stock award to Mary Beth Long?
Is Mary Beth Long’s AeroVironment (AVAV) Form 4 a stock purchase or a grant?
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