James Mulato - 30 Sep 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
Issuer symbol: ATRO
Transactions as of: 30 Sep 2024
Net transactions value: +$21,249
Form type: 4
Filing time: 02 Oct 2024, 16:21:12 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	+4.6%	$13.50	36,167	30 Sep 2024	Direct	F1
holding	ATRO	$.01 PV CL B STK						1,195	30 Sep 2024	Direct
holding	ATRO	$.01 PV Com Stk						100	30 Sep 2024	Spouse	F2
holding	ATRO	$.01 PV CL B STK						32	30 Sep 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						3,300	30 Sep 2024	$.01 PV Com Stk	3,300	$30.83	Direct
holding	ATRO	Option						1,719	30 Sep 2024	$.01 PV CL B STK	1,719	$30.83	Direct
holding	ATRO	Option						4,300	30 Sep 2024	$.01 PV Com Stk	4,300	$27.72	Direct
holding	ATRO	Option						1,387	30 Sep 2024	$.01 PV CL B STK	1,387	$27.72	Direct
holding	ATRO	Option						6,560	30 Sep 2024	$.01 PV Com Stk	6,560	$31.76	Direct
holding	ATRO	Option						984	30 Sep 2024	$.01 PV CL B STK	984	$31.76	Direct
holding	ATRO	Option						7,950	30 Sep 2024	$.01 PV Com Stk	7,950	$35.61	Direct
holding	ATRO	Option						1,193	30 Sep 2024	$.01 PV CL B STK	1,193	$35.61	Direct
holding	ATRO	Option						11,570	30 Sep 2024	$.01 PV Com Stk	11,570	$31.57	Direct
holding	ATRO	Option						18,150	30 Sep 2024	$.01 PV Com Stk	18,150	$30.04	Direct
holding	ATRO	Option						27,000	30 Sep 2024	$.01 PV Com Stk	27,000	$14.45	Direct
holding	ATRO	Option						32,700	30 Sep 2024	$.01 PV Com Stk	32,700	$11.13	Direct
holding	ATRO	Option						35,600	30 Sep 2024	$.01 PV Com Stk	35,600	$9.74	Direct
holding	ATRO	Option						8,300	30 Sep 2024	$.01 PV Com Stk	8,300	$15.15	Direct
holding	ATRO	Restricted Stock Unit						18,550	30 Sep 2024	$.01 PV Com Stk	18,550		Direct	F3, F4
holding	ATRO	Restricted Stock Unit						12,550	30 Sep 2024	$.01 PV Com Stk	12,550		Direct	F3, F5
holding	ATRO	Restricted Stock Unit						11,500	30 Sep 2024	$.01 PV Com Stk	11,500		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.