SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BLUEHALO HOLDINGS PARENT, LLC

(Last) (First) (Middle)
C/O ARLINGTON CAPITAL PARTNERS
4747 BETHESDA AVE, 5TH FLOOR

(Street)
BETHESDA MD 20814

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AeroVironment Inc [ AVAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/01/2025 J(1)(2) 17,425,849 D (1)(2) 0 D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On May 1, 2025, following the closing of the merger (the "Merger") contemplated by the Agreement and Plan of Merger, dated November 18, 2024, by and among the Issuer, BlueHalo Holdings Parent, LLC ("BlueHalo Parent") and certain other parties thereto, BlueHalo Parent distributed in-kind, for no consideration, in the aggregate 17,425,849 shares of the Issuer's Common Stock to its members (including an aggregate of 12,035,890 shares to BlueHalo ACP Holdings, L.P.), representing each such member's pro rata interest in such shares.
2. On the same date, BlueHalo ACP Holdings, L.P. ("BlueHalo ACP") distributed, for no consideration, the shares of Common Stock it received in the distribution by BlueHalo Parent to its partners, consisting of consisting of 6,728,262 shares distributed to Altitude V Holdings, LLC ("Altitude V") and 5,307,628 shares distributed to Altitude VI Holdings, LLC ("Altitude VI"). Such distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
3. Shares held by BlueHalo Parent. Altitude V and Altitude VI are the owners of BlueHalo ACP, which holds a majority ownership interest in BlueHalo Parent. Arlington Capital Partners V, L.P. ("ACP V") is the sole member of Altitude V, and Arlington Management V, L.L.C. ("Arlington Management V") is the sole managing member of the general partner of ACP V. Arlington Capital Partners VI, L.P. ("ACP VI") is the sole member of Altitude VI, and Arlington Management VI, L.L.C. ("Arlington Management VI") is the sole managing member of the general partner of ACP VI.
Remarks:
BlueHalo Parent and certain of its affiliates intend to file a Form 3 within ten calendar days of May 1, 2025 disclosing securities beneficially owned as of the effective time of closing of the Merger.
BLUEHALO HOLDINGS PARENT, LLC, By: /s/ David Wodlinger, President 05/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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