David C. Burney - Jun 3, 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
Stock symbol
ATRO
Transactions as of
Jun 3, 2022
Transactions value $
$260,058
Form type
4/A - Amendment
Date filed
12/21/2022, 03:31 PM
Date Of Original Report
Dec 20, 2022
Previous filing
Feb 28, 2022
Next filing
Feb 27, 2023

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% $0.00 44.4K Jun 3, 2022 Direct F1
transaction ATRO $.01 PV COMMON STOCK Other $0 +305 +0.69% $0.00 44.7K Aug 31, 2022 Direct F1
transaction ATRO $.01 PV COMMON STOCK Other $0 +270 +0.6% $0.00 45K Dec 9, 2022 Direct F1
holding ATRO $.01 PV CLASS B STOCK 192K Jun 3, 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 $260K +26.7K $9.74 26.7K Dec 16, 2022 $.01 PV COM STK 26.7K $9.74 Direct
holding ATRO OPTION 2.6K Jun 3, 2022 $.01 PV COM STK 2.6K $28.45 Direct
holding ATRO Option 2.15K Jun 3, 2022 $.01 PV CL B STK 2.15K $28.45 Direct
holding ATRO OPTION 3.15K Jun 3, 2022 $.01 PV COM STK 3.15K $30.83 Direct
holding ATRO Option 1.64K Jun 3, 2022 $.01 PV CL B STK 1.64K $30.83 Direct
holding ATRO Option 4.1K Jun 3, 2022 $.01 PV COM STK 4.1K $27.72 Direct
holding ATRO Option 1.32K Jun 3, 2022 $.01 PV CL B STK 1.32K $27.72 Direct
holding ATRO Option 4.37K Jun 3, 2022 $.01 PV COM STK 4.37K $31.76 Direct
holding ATRO Option 656 Jun 3, 2022 $.01 PV CL B STK 656 $31.76 Direct
holding ATRO Option 6.35K Jun 3, 2022 $.01 PV COM STK 6.35K $35.61 Direct
holding ATRO Option 953 Jun 3, 2022 $.01 PV CL B STK 953 $35.61 Direct
holding ATRO Option 8.41K Jun 3, 2022 $.01 PV COM STK 8.41K $31.57 Direct
holding ATRO Option 13.6K Jun 3, 2022 $.01 PV COM STK 13.6K $30.04 Direct
holding ATRO Restricted Stock Unit 6.63K Jun 3, 2022 $.01 PV COM STK 6.63K Direct F2, F3
holding ATRO Option 20.3K Jun 3, 2022 $.01 PV COM STK 20.3K $14.45 Direct
holding ATRO Restricted Stock Unit 8K Jun 3, 2022 $.01 PV COM STK 8K Direct F2, F4
holding ATRO Restricted Stock Unit 436 Jun 3, 2022 $.01 PV COM STK 436 Direct F2, F5
holding ATRO Option 24.5K Jun 3, 2022 $.01 PV COM STK 24.5K $11.13 Direct
holding ATRO Restricted Stock Unit 9.6K Jun 3, 2022 $.01 PV COM STK 9.6K 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.