JAMES S. KRAMER - 30 Sep 2024 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
VP Luminescent Systems, Inc.
Signature
/s/Julie Davis, as Power of Attorney for James S. Kramer
Issuer symbol
ATRO
Transactions as of
30 Sep 2024
Transactions value $
$21,249
Form type
4
Filing time
02 Oct 2024, 16:19:42 UTC
Previous filing
14 May 2024
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 $21.2K +1.57K +4.45% $13.50 36.9K 30 Sep 2024 Direct F1
holding ATRO $.01 PV CL B STK 123K 30 Sep 2024 Direct
holding ATRO $.01 PV Com Stk 35.6K 30 Sep 2024 Estate executor James Kramer
holding ATRO $.01 PV CL B STK 280K 30 Sep 2024 Estate executor James Kramer

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 2.72K 30 Sep 2024 $.01 PV Com Stk 2.72K $30.83 Direct
holding ATRO Option 1.42K 30 Sep 2024 $.01 PV CL B STK 1.42K $30.83 Direct
holding ATRO Option 3.5K 30 Sep 2024 $.01 PV Com Stk 3.5K $27.72 Direct
holding ATRO Option 1.13K 30 Sep 2024 $.01 PV CL B STK 1.13K $27.72 Direct
holding ATRO Option 3.67K 30 Sep 2024 $.01 PV Com Stk 3.67K $31.76 Direct
holding ATRO Option 551 30 Sep 2024 $.01 PV CL B STK 551 $31.76 Direct
holding ATRO Option 5.34K 30 Sep 2024 $.01 PV Com Stk 5.34K $35.61 Direct
holding ATRO Option 801 30 Sep 2024 $.01 PV CL B STK 801 $35.61 Direct
holding ATRO Option 7.06K 30 Sep 2024 $.01 PV Com Stk 7.06K $31.57 Direct
holding ATRO Option 13.6K 30 Sep 2024 $.01 PV Com Stk 13.6K $30.04 Direct
holding ATRO Option 20.3K 30 Sep 2024 $.01 PV Com Stk 20.3K $14.45 Direct
holding ATRO Option 24.5K 30 Sep 2024 $.01 PV Com Stk 24.5K $11.13 Direct
holding ATRO Option 26.7K 30 Sep 2024 $.01 PV Com Stk 26.7K $9.74 Direct
holding ATRO Option 8.3K 30 Sep 2024 $.01 PV Com Stk 8.3K $15.15 Direct
holding ATRO Restricted Stock Unit 15.9K 30 Sep 2024 $.01 PV Com Stk 15.9K Direct F2, F3
holding ATRO Restricted Stock Unit 8.85K 30 Sep 2024 $.01 PV Com Stk 8.85K Direct F2, F4
holding ATRO Restricted Stock Unit 8.15K 30 Sep 2024 $.01 PV Com Stk 8.15K 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 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.
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.