James S. Kramer - Sep 29, 2023 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Executive Vice President
Signature
/s/Julie Davis, as Power of Attorney for James S. Kramer
Stock symbol
ATRO
Transactions as of
Sep 29, 2023
Transactions value $
$25,900
Form type
4
Date filed
10/2/2023, 04:31 PM
Previous filing
Mar 14, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV Common Stock Other $2.33K +133 +0.58% $17.44 23K Jun 9, 2023 Direct F1
transaction ATRO $.01 PV Common Stock Other $2.33K +137 +0.6% $16.99 23.1K Aug 21, 2023 Direct F1
transaction ATRO $.01 PV Common Stock Award $21.2K +2.99K +12.94% $7.10 26.1K Sep 29, 2023 Direct F2
holding ATRO $.01 PV Class B Stock 123K Sep 29, 2023 Direct
holding ATRO $.01 PV Common Stock 35.6K Sep 29, 2023 Estate executor James Kramer
holding ATRO $.01 PV Class B Stock 280K Sep 29, 2023 Estate executor James Kramer

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 2.33K Sep 29, 2023 $.01 PV Com Stk 2.33K $28.45 Direct
holding ATRO Option 1.92K Sep 29, 2023 $.01 PV Cl B Stk 1.92K $28.45 Direct
holding ATRO Option 2.72K Sep 29, 2023 $.01 PV Com Stk 2.72K $30.83 Direct
holding ATRO Option 1.42K Sep 29, 2023 $.01 PV Cl B Stk 1.42K $30.83 Direct
holding ATRO Option 3.5K Sep 29, 2023 $.01 PV Com Stk 3.5K $27.72 Direct
holding ATRO Option 1.13K Sep 29, 2023 $.01 PV Cl B Stk 1.13K $27.72 Direct
holding ATRO Option 3.67K Sep 29, 2023 $.01 PV Com Stk 3.67K $31.76 Direct
holding ATRO Option 551 Sep 29, 2023 $.01 PV Cl B Stk 551 $31.76 Direct
holding ATRO Option 5.34K Sep 29, 2023 $.01 PV Com Stk 5.34K $35.61 Direct
holding ATRO Option 801 Sep 29, 2023 $.01 PV Cl B Stk 801 $35.61 Direct
holding ATRO Option 7.06K Sep 29, 2023 $.01 PV Com Stk 7.06K $31.57 Direct
holding ATRO Option 13.6K Sep 29, 2023 $.01 PV Com Stk 13.6K $30.04 Direct
holding ATRO Option 20.3K Sep 29, 2023 $.01 PV Com Stk 20.3K $14.45 Direct
holding ATRO Restricted Stock Unit 174 Sep 29, 2023 $.01 PV Com Stk 174 Direct F3, F4
holding ATRO Restricted Stock Unit 7.38K Sep 29, 2023 $.01 PV Com Stk 7.38K Direct F3, F5
holding ATRO Option 24.5K Sep 29, 2023 $.01 PV COM STK 24.5K $11.13 Direct
holding ATRO Restricted Stock Unit 8.85K Sep 29, 2023 $.01 PV Com Stk 8.85K Direct F3, F6
holding ATRO Option 26.7K Sep 29, 2023 $.01 PV Com Stk 26.7K $9.74 Direct
holding ATRO Restricted Stock Unit 8.15K Sep 29, 2023 $.01 PV Com Stk 8.15K Direct F3, F7
* 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 Acquired shares via exercise of subscription agreement under employee stock purchase plan.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F4 These restricted stock units vest ratably on each anniversary of the grant date over three years.
F5 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.
F6 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.
F7 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.