James Mulato - Sep 30, 2024 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Pres Astronics Test Systems
Signature
/s/Julie Davis, as Power of Attorney for James Mulato
Stock symbol
ATRO
Transactions as of
Sep 30, 2024
Transactions value $
$21,249
Form type
4
Date filed
10/2/2024, 04:21 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 +4.55% $13.50 36.2K Sep 30, 2024 Direct F1
holding ATRO $.01 PV CL B STK 1.2K Sep 30, 2024 Direct
holding ATRO $.01 PV Com Stk 100 Sep 30, 2024 Spouse F2
holding ATRO $.01 PV CL B STK 32 Sep 30, 2024 Spouse F2

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 3.3K Sep 30, 2024 $.01 PV Com Stk 3.3K $30.83 Direct
holding ATRO Option 1.72K Sep 30, 2024 $.01 PV CL B STK 1.72K $30.83 Direct
holding ATRO Option 4.3K Sep 30, 2024 $.01 PV Com Stk 4.3K $27.72 Direct
holding ATRO Option 1.39K Sep 30, 2024 $.01 PV CL B STK 1.39K $27.72 Direct
holding ATRO Option 6.56K Sep 30, 2024 $.01 PV Com Stk 6.56K $31.76 Direct
holding ATRO Option 984 Sep 30, 2024 $.01 PV CL B STK 984 $31.76 Direct
holding ATRO Option 7.95K Sep 30, 2024 $.01 PV Com Stk 7.95K $35.61 Direct
holding ATRO Option 1.19K Sep 30, 2024 $.01 PV CL B STK 1.19K $35.61 Direct
holding ATRO Option 11.6K Sep 30, 2024 $.01 PV Com Stk 11.6K $31.57 Direct
holding ATRO Option 18.2K Sep 30, 2024 $.01 PV Com Stk 18.2K $30.04 Direct
holding ATRO Option 27K Sep 30, 2024 $.01 PV Com Stk 27K $14.45 Direct
holding ATRO Option 32.7K Sep 30, 2024 $.01 PV Com Stk 32.7K $11.13 Direct
holding ATRO Option 35.6K Sep 30, 2024 $.01 PV Com Stk 35.6K $9.74 Direct
holding ATRO Option 8.3K Sep 30, 2024 $.01 PV Com Stk 8.3K $15.15 Direct
holding ATRO Restricted Stock Unit 18.6K Sep 30, 2024 $.01 PV Com Stk 18.6K Direct F3, F4
holding ATRO Restricted Stock Unit 12.6K Sep 30, 2024 $.01 PV Com Stk 12.6K Direct F3, F5
holding ATRO Restricted Stock Unit 11.5K Sep 30, 2024 $.01 PV Com Stk 11.5K Direct F3, F6
* 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 Represents shares owned by his wife.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F4 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.
F5 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.
F6 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.