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

Role
Pres Astronics Test Systems
Signature
/s/Julie Davis, as Power of Attorney for James Mulato
Stock symbol
ATRO
Transactions as of
Sep 29, 2023
Transactions value $
$26,791
Form type
4
Date filed
10/2/2023, 04:34 PM
Previous filing
Mar 14, 2023
Next filing
Dec 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV Common Stock Other $2.98K +171 +0.99% $17.44 17.5K Jun 9, 2023 Direct F1
transaction ATRO $.01 PV Common Stock Other $2.56K +151 +0.86% $16.99 17.7K Aug 21, 2023 Direct F1
transaction ATRO $.01 PV Common Stock Award $21.2K +2.99K +16.93% $7.10 20.7K Sep 29, 2023 Direct F2
holding ATRO $.01 PV Class B Stock 1.2K Sep 29, 2023 Direct
holding ATRO $.01 PV Common Stock 100 Sep 29, 2023 Spouse F3
holding ATRO $.01 PV Class B Stock 32 Sep 29, 2023 Spouse F3

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 2.4K Sep 29, 2023 $.01 PV Com Stk 2.4K $34.75 Direct
holding ATRO Option 1.98K Sep 29, 2023 $.01 PV Cl B Stk 1.98K $34.75 Direct
holding ATRO Option 3.3K Sep 29, 2023 $.01 PV Com Stk 3.3K $30.83 Direct
holding ATRO Option 1.72K Sep 29, 2023 $.01 PV Cl B Stk 1.72K $30.83 Direct
holding ATRO Option 4.3K Sep 29, 2023 $.01 PV Com Stk 4.3K $27.72 Direct
holding ATRO Option 1.39K Sep 29, 2023 $.01 PV Cl B Stk 1.39K $27.72 Direct
holding ATRO Option 6.56K Sep 29, 2023 $.01 PV Com Stk 6.56K $31.76 Direct
holding ATRO Option 984 Sep 29, 2023 $.01 PV Cl B Stk 984 $31.76 Direct
holding ATRO Option 7.95K Sep 29, 2023 $.01 PV Com Stk 7.95K $35.61 Direct
holding ATRO Option 1.19K Sep 29, 2023 $.01 PV Cl B Stk 1.19K $35.61 Direct
holding ATRO Option 11.6K Sep 29, 2023 $.01 PV Com Stk 11.6K $31.57 Direct
holding ATRO Option 18.2K Sep 29, 2023 $.01 PV Com Stk 18.2K $30.04 Direct
holding ATRO Option 27K Sep 29, 2023 $.01 PV Com Stk 27K $14.45 Direct
holding ATRO Restricted Stock Unit 210 Sep 29, 2023 $.01 PV Com Stk 210 Direct F4, F5
holding ATRO Restricted Stock Unit 10.5K Sep 29, 2023 $.01 PV Com Stk 10.5K Direct F4, F6
holding ATRO Option 32.7K Sep 29, 2023 $.01 PV COM STK 32.7K $11.13 Direct
holding ATRO Restricted Stock Unit 12.6K Sep 29, 2023 $.01 PV COM STK 12.6K Direct F4, F7
holding ATRO Option 35.6K Sep 29, 2023 $.01 PV COM STK 35.6K $9.74 Direct
holding ATRO Restricted Stock Unit 11.5K Sep 29, 2023 $.01 PV COM STK 11.5K Direct F4, F8
* 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 Represents shares owned by his wife.
F4 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
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 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.
F7 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.
F8 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.