Nancy L. Hedges - 27 Feb 2025 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role: Principal Accounting Officer
Signature: /S/JULIE DAVIS, as Power of Attorney for Nancy L. Hedges
Issuer symbol: ATRO
Transactions as of: 27 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2025, 16:21:02 UTC
Previous filing: 02 Oct 2024
Next filing: 03 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ATRO	$.01 PV Com Stk						23,939	27 Feb 2025	Direct
holding	ATRO	$.01 PV CL B STK						607	27 Feb 2025	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
transaction	ATRO	Restricted Stock Unit	Award	$0	+17,700		$0.000000	17,700	27 Feb 2025	$.01 PV Com Stk	17,700		Direct	F1, F5
holding	ATRO	Option						1,120	27 Feb 2025	$.01 PV Com Stk	1,120	$30.83	Direct
holding	ATRO	Option						583	27 Feb 2025	$.01 PV CL B STK	583	$30.83	Direct
holding	ATRO	Option						1,400	27 Feb 2025	$.01 PV Com Stk	1,400	$27.72	Direct
holding	ATRO	Option						452	27 Feb 2025	$.01 PV CL B STK	452	$27.72	Direct
holding	ATRO	Restricted Stock Unit						5,024	27 Feb 2025	$.01 PV Com Stk	5,024		Direct	F1, F2
holding	ATRO	Option						1,520	27 Feb 2025	$.01 PV Com Stk	1,520	$31.76	Direct
holding	ATRO	Option						228	27 Feb 2025	$.01 PV CL B STK	228	$31.76	Direct
holding	ATRO	Restricted Stock Unit						5,050	27 Feb 2025	$.01 PV Com Stk	5,050		Direct	F1, F3
holding	ATRO	Restricted Stock Unit						5,500	27 Feb 2025	$.01 PV Com Stk	5,500		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, 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.
F3	These restricted stock units are scheduled to vest 100% on February 23, 2026.
F4	These restricted stock units are scheduled to vest 100% on February 24, 2025.
F5	Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2025- December 31, 2027. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 27, 2028, with the vesting percentage determined based on actual performance.