MARK PEABODY - 08 Jan 2024 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
VP Astronics Advanced Electron
Signature
/s/Julie Davis, as Power of Attorney for Mark Peabody
Issuer symbol
ATRO
Transactions as of
08 Jan 2024
Net transactions value
$0
Form type
4
Filing time
09 Jan 2024, 16:34:17 UTC
Previous filing
19 Dec 2023
Next filing
11 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV CL B STK Gift $0 -8,000 -4% $0.000000 190,494 08 Jan 2024 Direct
holding ATRO $.01 PV Com Stk 30,691 08 Jan 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ATRO Option 3,470 08 Jan 2024 $.01 PV Com Stk 3,470 $30.83 Direct
holding ATRO Option 1,807 08 Jan 2024 $.01 PV CL B STK 1,807 $30.83 Direct
holding ATRO Option 4,500 08 Jan 2024 $.01 PV Com Stk 4,500 $27.72 Direct
holding ATRO Option 1,451 08 Jan 2024 $.01 PV CL B STK 1,451 $27.72 Direct
holding ATRO Option 4,820 08 Jan 2024 $.01 PV Com Stk 4,820 $31.76 Direct
holding ATRO Option 723 08 Jan 2024 $.01 PV CL B STK 723 $31.76 Direct
holding ATRO Option 7,010 08 Jan 2024 $.01 PV Com Stk 7,010 $35.61 Direct
holding ATRO Option 1,052 08 Jan 2024 $.01 PV CL B STK 1,052 $35.61 Direct
holding ATRO Option 9,280 08 Jan 2024 $.01 PV Com Stk 9,280 $31.57 Direct
holding ATRO Option 13,600 08 Jan 2024 $.01 PV Com Stk 13,600 $30.04 Direct
holding ATRO Option 20,250 08 Jan 2024 $.01 PV Com Stk 20,250 $14.45 Direct
holding ATRO Restricted Stock Unit 294 08 Jan 2024 $.01 PV Com Stk 294 Direct F1, F2
holding ATRO Restricted Stock Unit 9,825 08 Jan 2024 $.01 PV Com Stk 9,825 Direct F1, F3
holding ATRO Option 24,500 08 Jan 2024 $.01 PV Com Stk 24,500 $11.13 Direct
holding ATRO Restricted Stock Unit 11,800 08 Jan 2024 $.01 PV Com Stk 11,800 Direct F1, F4
holding ATRO Option 26,700 08 Jan 2024 $.01 PV Com Stk 26,700 $9.74 Direct
holding ATRO Restricted Stock Unit 10,850 08 Jan 2024 $.01 PV Com Stk 10,850 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2 These restricted stock units vest ratably on each anniversary of the grant date over three years.
F3 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2021- December 31, 2023. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2023, with the vesting percentage determined based on actual performance.
F4 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2022- December 31, 2024. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 24, 2025, with the vesting percentage determined based on actual performance.
F5 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2023- December 31, 2025. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 23, 2026, with the vesting percentage determined based on actual performance.