MARK PEABODY - 27 Feb 2025 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role: VP Astronics Advanced Electron
Signature: /s/Julie Davis, as Power of Attorney for Mark Peabody
Issuer symbol: ATRO
Transactions as of: 27 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2025, 16:22:12 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						46,462	27 Feb 2025	Direct
holding	ATRO	$.01 PV CL B STK						190,494	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	+15,150		$0.000000	15,150	27 Feb 2025	$.01 PV Com Stk	15,150		Direct	F1, F5
holding	ATRO	Option						3,470	27 Feb 2025	$.01 PV Com Stk	3,470	$30.83	Direct
holding	ATRO	Option						1,807	27 Feb 2025	$.01 PV CL B STK	1,807	$30.83	Direct
holding	ATRO	Option						4,500	27 Feb 2025	$.01 PV Com Stk	4,500	$27.72	Direct
holding	ATRO	Option						1,451	27 Feb 2025	$.01 PV CL B STK	1,451	$27.72	Direct
holding	ATRO	Option						4,820	27 Feb 2025	$.01 PV Com Stk	4,820	$31.76	Direct
holding	ATRO	Option						723	27 Feb 2025	$.01 PV CL B STK	723	$31.76	Direct
holding	ATRO	Option						7,010	27 Feb 2025	$.01 PV Com Stk	7,010	$35.61	Direct
holding	ATRO	Option						1,052	27 Feb 2025	$.01 PV CL B STK	1,052	$35.61	Direct
holding	ATRO	Option						9,280	27 Feb 2025	$.01 PV Com Stk	9,280	$31.57	Direct
holding	ATRO	Option						13,600	27 Feb 2025	$.01 PV Com Stk	13,600	$30.04	Direct
holding	ATRO	Option						20,250	27 Feb 2025	$.01 PV Com Stk	20,250	$14.45	Direct
holding	ATRO	Option						24,500	27 Feb 2025	$.01 PV Com Stk	24,500	$11.13	Direct
holding	ATRO	Option						26,700	27 Feb 2025	$.01 PV Com Stk	26,700	$9.74	Direct
holding	ATRO	Restricted Stock Unit						11,800	27 Feb 2025	$.01 PV Com Stk	11,800		Direct	F1, F2
holding	ATRO	Restricted Stock Unit						15,900	27 Feb 2025	$.01 PV Com Stk	15,900		Direct	F1, F3
holding	ATRO	Restricted Stock Unit						10,850	27 Feb 2025	$.01 PV Com Stk	10,850		Direct	F1, F4
holding	ATRO	Option						8,300	27 Feb 2025	$.01 PV Com Stk	8,300	$15.15	Direct

* 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 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.
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 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.
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.