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Stock Market & Financial Investment News

News Breaks
July 18, 2014
16:32 EDTAVAVAeroVironment CEO Timothy Conver enters 10b5-1 trading plan
AeroVironment announced that its CEO and chairman of the board, Timothy Conver, as Trustee of The Conver Family Trust, has established a pre-arranged stock trading plan to sell a portion of company stock held by the Trust over a specific period of time. The stock trading plan is part of a long-term strategy for asset diversification and liquidity and was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and AeroVironment’s policies with respect to employee stock transactions. Under its Rule 10b5-1 Plan, the Trust may sell up to 320,000 shares over a period of approximately nine months. If the Trust completes all the planned sales under its Rule 10b5-1 Plan, Conver would beneficially own approximately 2,573,660 shares of AeroVironment common stock or approximately 11.04% of the company’s current outstanding shares. The transactions under this plan will commence no earlier than September 2014 and will be disclosed publicly through Form 144 and Form 4 filings with the SEC. The Form 4 filings will also be posted on AeroVironment’s website.
News For AVAV From The Last 14 Days
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November 20, 2014
10:02 EDTAVAVOn The Fly: Analyst Initiation Summary
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07:03 EDTAVAVAeroVironment initiated with a Hold at Canaccord
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