Nancy L. Hedges - 22 Feb 2024 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Principal Accounting Officer
Signature
/S/JULIE DAVIS, as Power of Attorney for Nancy L. Hedges
Issuer symbol
ATRO
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 16:40:06 UTC
Previous filing
02 Oct 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATRO $.01 PV Com Stk 16,943 22 Feb 2024 Direct
holding ATRO $.01 PV CL B STK 607 22 Feb 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
transaction ATRO Restricted Stock Unit Award $0 +5,024 $0.000000 5,024 22 Feb 2024 $.01 PV Com Stk 5,024 Direct F1, F6
holding ATRO Option 1,120 22 Feb 2024 $.01 PV Com Stk 1,120 $30.83 Direct
holding ATRO Option 583 22 Feb 2024 $.01 PV CL B STK 583 $30.83 Direct
holding ATRO Option 1,400 22 Feb 2024 $.01 PV Com Stk 1,400 $27.72 Direct
holding ATRO Option 452 22 Feb 2024 $.01 PV CL B STK 452 $27.72 Direct
holding ATRO Option 1,520 22 Feb 2024 $.01 PV Com Stk 1,520 $31.76 Direct
holding ATRO Option 228 22 Feb 2024 $.01 PV CL B STK 228 $31.76 Direct
holding ATRO Restricted Stock Unit 138 22 Feb 2024 $.01 PV Com Stk 138 Direct F1, F2
holding ATRO Restricted Stock Unit 4,440 22 Feb 2024 $.01 PV Com Stk 4,440 Direct F1, F3
holding ATRO Restricted Stock Unit 5,500 22 Feb 2024 $.01 PV Com Stk 5,500 Direct F1, F4
holding ATRO Restricted Stock Unit 5,050 22 Feb 2024 $.01 PV Com Stk 5,050 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 These restricted stock units are scheduled to vest 100% on February 26, 2024.
F4 These restricted stock units are scheduled to vest 100% on February 24, 2025.
F5 These restricted stock units are scheduled to vest 100% on February 23, 2026.
F6 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2024- December 31, 2026. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 22, 2027, with the vesting percentage determined based on actual performance.