David C. Burney - 03 Jun 2022 Form 4/A - Amendment Insider Report for ASTRONICS CORP (ATRO)

Role
VP-FINANCE, CFO
Signature
/S/Julie Davis, as power of attorney for David C. Burney
Issuer symbol
ATRO
Transactions as of
03 Jun 2022
Net transactions value
+$260,058
Form type
4/A - Amendment
Filing time
21 Dec 2022, 15:31:37 UTC
Date Of Original Report
20 Dec 2022
Previous filing
28 Feb 2022
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV COMMON STOCK Other $0 +262 +0.59% $0.000000 44,435 03 Jun 2022 Direct F1
transaction ATRO $.01 PV COMMON STOCK Other $0 +305 +0.69% $0.000000 44,740 31 Aug 2022 Direct F1
transaction ATRO $.01 PV COMMON STOCK Other $0 +270 +0.6% $0.000000 45,010 09 Dec 2022 Direct F1
holding ATRO $.01 PV CLASS B STOCK 191,833 03 Jun 2022 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
transaction ATRO Option Options Exercise $260,058 +26,700 $9.74 26,700 16 Dec 2022 $.01 PV COM STK 26,700 $9.74 Direct
holding ATRO OPTION 2,600 03 Jun 2022 $.01 PV COM STK 2,600 $28.45 Direct
holding ATRO Option 2,145 03 Jun 2022 $.01 PV CL B STK 2,145 $28.45 Direct
holding ATRO OPTION 3,150 03 Jun 2022 $.01 PV COM STK 3,150 $30.83 Direct
holding ATRO Option 1,641 03 Jun 2022 $.01 PV CL B STK 1,641 $30.83 Direct
holding ATRO Option 4,100 03 Jun 2022 $.01 PV COM STK 4,100 $27.72 Direct
holding ATRO Option 1,322 03 Jun 2022 $.01 PV CL B STK 1,322 $27.72 Direct
holding ATRO Option 4,370 03 Jun 2022 $.01 PV COM STK 4,370 $31.76 Direct
holding ATRO Option 656 03 Jun 2022 $.01 PV CL B STK 656 $31.76 Direct
holding ATRO Option 6,350 03 Jun 2022 $.01 PV COM STK 6,350 $35.61 Direct
holding ATRO Option 953 03 Jun 2022 $.01 PV CL B STK 953 $35.61 Direct
holding ATRO Option 8,410 03 Jun 2022 $.01 PV COM STK 8,410 $31.57 Direct
holding ATRO Option 13,600 03 Jun 2022 $.01 PV COM STK 13,600 $30.04 Direct
holding ATRO Restricted Stock Unit 6,625 03 Jun 2022 $.01 PV COM STK 6,625 Direct F2, F3
holding ATRO Option 20,250 03 Jun 2022 $.01 PV COM STK 20,250 $14.45 Direct
holding ATRO Restricted Stock Unit 8,000 03 Jun 2022 $.01 PV COM STK 8,000 Direct F2, F4
holding ATRO Restricted Stock Unit 436 03 Jun 2022 $.01 PV COM STK 436 Direct F2, F5
holding ATRO Option 24,500 03 Jun 2022 $.01 PV COM STK 24,500 $11.13 Direct
holding ATRO Restricted Stock Unit 9,600 03 Jun 2022 $.01 PV COM STK 9,600 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects issuer's contribution to the reporting person's account in the issuer stock fund included in the issuer's 401(k) plan. The shares are held in the 401(k) account.
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F3 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2020- December 31, 2022. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2022, 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 January 1, 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.
F5 These restricted stock units vest ratably on each anniversary of the grant date over three years.
F6 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 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.