Nancy L. Hedges - 30 Sep 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
30 Sep 2024
Net transactions value
+$21,249
Form type
4
Filing time
02 Oct 2024, 16:18:44 UTC
Previous filing
14 May 2024
Next filing
03 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV Com Stk Award $21,249 +1,574 +7% $13.50 23,939 30 Sep 2024 Direct F1
holding ATRO $.01 PV CL B STK 607 30 Sep 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 1,120 30 Sep 2024 $.01 PV Com Stk 1,120 $30.83 Direct
holding ATRO Option 583 30 Sep 2024 $.01 PV CL B STK 583 $30.83 Direct
holding ATRO Option 1,400 30 Sep 2024 $.01 PV Com Stk 1,400 $27.72 Direct
holding ATRO Option 452 30 Sep 2024 $.01 PV CL B STK 452 $27.72 Direct
holding ATRO Restricted Stock Unit 5,024 30 Sep 2024 $.01 PV Com Stk 5,024 Direct F2, F3
holding ATRO Option 1,520 30 Sep 2024 $.01 PV Com Stk 1,520 $31.76 Direct
holding ATRO Option 228 30 Sep 2024 $.01 PV CL B STK 228 $31.76 Direct
holding ATRO Restricted Stock Unit 5,050 30 Sep 2024 $.01 PV Com Stk 5,050 Direct F2, F4
holding ATRO Restricted Stock Unit 5,500 30 Sep 2024 $.01 PV Com Stk 5,500 Direct F2, F5
* 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 These restricted stock units are scheduled to vest 100% on February 23, 2026.
F5 These restricted stock units are scheduled to vest 100% on February 24, 2025.