Nancy L. Hedges - Sep 30, 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
Stock symbol
ATRO
Transactions as of
Sep 30, 2024
Transactions value $
$21,249
Form type
4
Date filed
10/2/2024, 04:18 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 +7.04% $13.50 23.9K Sep 30, 2024 Direct F1
holding ATRO $.01 PV CL B STK 607 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 1.12K Sep 30, 2024 $.01 PV Com Stk 1.12K $30.83 Direct
holding ATRO Option 583 Sep 30, 2024 $.01 PV CL B STK 583 $30.83 Direct
holding ATRO Option 1.4K Sep 30, 2024 $.01 PV Com Stk 1.4K $27.72 Direct
holding ATRO Option 452 Sep 30, 2024 $.01 PV CL B STK 452 $27.72 Direct
holding ATRO Restricted Stock Unit 5.02K Sep 30, 2024 $.01 PV Com Stk 5.02K Direct F2, F3
holding ATRO Option 1.52K Sep 30, 2024 $.01 PV Com Stk 1.52K $31.76 Direct
holding ATRO Option 228 Sep 30, 2024 $.01 PV CL B STK 228 $31.76 Direct
holding ATRO Restricted Stock Unit 5.05K Sep 30, 2024 $.01 PV Com Stk 5.05K Direct F2, F4
holding ATRO Restricted Stock Unit 5.5K Sep 30, 2024 $.01 PV Com Stk 5.5K 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.