Peter J. Gundermann - Dec 5, 2024 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Signature
/S/JULIE DAVIS, AS POWER OF ATTORNEY FOR PETER J. GUNDERMANN
Stock symbol
ATRO
Transactions as of
Dec 5, 2024
Transactions value $
$1,254,490
Form type
4
Date filed
12/9/2024, 04:20 PM
Previous filing
Nov 14, 2024

Transactions Table

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
transaction ATRO Option Award $1.25M +75.8K $16.55 75.8K Dec 5, 2024 $.01 PV Com Stk 75.8K $16.55 Direct
holding ATRO Option 10.1K Dec 5, 2024 $.01 PV Com Stk 10.1K $30.83 Direct
holding ATRO Option 5.26K Dec 5, 2024 $.01 PV CL B STK 5.26K $30.83 Direct
holding ATRO Option 13.7K Dec 5, 2024 $.01 PV Com Stk 13.7K $27.72 Direct
holding ATRO Option 4.42K Dec 5, 2024 $.01 PV CL B STK 4.42K $27.72 Direct
holding ATRO Option 14.5K Dec 5, 2024 $.01 PV Com Stk 14.5K $31.76 Direct
holding ATRO Option 2.17K Dec 5, 2024 $.01 PV CL B STK 2.17K $31.76 Direct
holding ATRO Option 26.3K Dec 5, 2024 $.01 PV Com Stk 26.3K $35.61 Direct
holding ATRO Option 3.95K Dec 5, 2024 $.01 PV CL B STK 3.95K $35.61 Direct
holding ATRO Option 34.8K Dec 5, 2024 $.01 PV Com Stk 34.8K $31.57 Direct
holding ATRO Option 61.2K Dec 5, 2024 $.01 PV Com Stk 61.2K $30.04 Direct
holding ATRO Option 98.9K Dec 5, 2024 $.01 PV Com Stk 98.9K $14.45 Direct
holding ATRO Option 116K Dec 5, 2024 $.01 PV Com Stk 116K $11.13 Direct
holding ATRO Option 125K Dec 5, 2024 $.01 PV Com Stk 125K $9.74 Direct
holding ATRO Option 83.9K Dec 5, 2024 $.01 PV Com Stk 83.9K $15.15 Direct
holding ATRO Restricted Stock Unit 14.8K Dec 5, 2024 $.01 PV Com Stk 14.8K Direct F1, F2
holding ATRO Restricted Stock Unit 9.21K Dec 5, 2024 $.01 PV Com Stk 9.21K Direct F1, F3
holding ATRO Restricted Stock Unit 26.5K Dec 5, 2024 $.01 PV Com Stk 26.5K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 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.
F3 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.
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 23, 2027, with the vesting percentage determined based on actual performance.