David C. Burney - Sep 30, 2024 Form 4 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
Sep 30, 2024
Transactions value $
$21,249
Form type
4
Date filed
10/2/2024, 04:17 PM
Previous filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV Com Stk Award $21.2K +1.57K +2.64% $13.50 61.3K Sep 30, 2024 Direct F1
holding ATRO $.01 PV CL B STK 192K Sep 30, 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
holding ATRO Option 3.15K Sep 30, 2024 $.01 PV Com Stk 3.15K $30.83 Direct
holding ATRO Option 1.64K Sep 30, 2024 $.01 PV CL B STK 1.64K $30.83 Direct
holding ATRO Option 4.1K Sep 30, 2024 $.01 PV Com Stk 4.1K $27.72 Direct
holding ATRO Option 1.32K Sep 30, 2024 $.01 PV CL B STK 1.32K $27.72 Direct
holding ATRO Option 4.37K Sep 30, 2024 $.01 PV Com Stk 4.37K $31.76 Direct
holding ATRO Option 656 Sep 30, 2024 $.01 PV CL B STK 656 $31.76 Direct
holding ATRO Option 953 Sep 30, 2024 $.01 PV CL B STK 953 $35.61 Direct
holding ATRO Option 6.35K Sep 30, 2024 $.01 PV Com Stk 6.35K $35.61 Direct
holding ATRO Option 8.41K Sep 30, 2024 $.01 PV Com Stk 8.41K $31.57 Direct
holding ATRO Option 13.6K Sep 30, 2024 $.01 PV Com Stk 13.6K $30.04 Direct
holding ATRO Option 24.5K Sep 30, 2024 $.01 PV Com Stk 24.5K $11.13 Direct
holding ATRO Option 20.3K Sep 30, 2024 $.01 PV Com Stk 20.3K $14.45 Direct
holding ATRO Option 8.3K Sep 30, 2024 $.01 PV Com Stk 8.3K $15.15 Direct
holding ATRO Restricted Stock Unit 23.8K Sep 30, 2024 $.01 PV Com Stk 23.8K Direct F2, F3
holding ATRO Restricted Stock Unit 9.6K Sep 30, 2024 $.01 PV Com Stk 9.6K Direct F2, F4
holding ATRO Restricted Stock Unit 8.8K Sep 30, 2024 $.01 PV Com Stk 8.8K Direct F2, F5
holding ATRO Option 26.7K Sep 30, 2024 $.01 PV Com Stk 26.7K $9.74 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired shares via exercise of subscription agreement under Employee Stock Purchase Plan.
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 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.
F4 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.
F5 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.