James Mulato - 18 Mar 2025 Form 4/A - Amendment 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: 18 Mar 2025
Net transactions value: +$177,359
Form type: 4/A - Amendment
Filing time: 03 Apr 2025, 16:05:14 UTC
Date Of Original Report: 20 Mar 2025
Previous filing: 03 Mar 2025
Next filing: 11 Sep 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	Options Exercise	$234,478	+9,413	+26%	$24.91	45,580	18 Mar 2025	Direct
transaction	ATRO	$.01 PV Com Stk	Tax liability	$57,119	-2,293	-5%	$24.91	43,287	18 Mar 2025	Direct	F1, F2, F3
holding	ATRO	$.01 PV Com Stk						100	18 Mar 2025	Spouse	F4
holding	ATRO	$.01 PV CL B STK						1,195	18 Mar 2025	Direct
holding	ATRO	$.01 PV CL B STK						32	18 Mar 2025	Spouse	F4

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	Options Exercise	$0	-9,413	-100%	$0.000000	0	18 Mar 2025	$.01 PV Com Stk	9,413		Direct	F5, F8
holding	ATRO	Option						4,300	18 Mar 2025	$.01 PV Com Stk	4,300	$27.72	Direct
holding	ATRO	Option						1,387	18 Mar 2025	$.01 PV CL B STK	1,387	$27.72	Direct
holding	ATRO	Option						6,560	18 Mar 2025	$.01 PV Com Stk	6,560	$31.76	Direct
holding	ATRO	Option						984	18 Mar 2025	$.01 PV CL B STK	984	$31.76	Direct
holding	ATRO	Option						7,950	18 Mar 2025	$.01 PV Com Stk	7,950	$35.61	Direct
holding	ATRO	Option						1,193	18 Mar 2025	$.01 PV CL B STK	1,193	$35.61	Direct
holding	ATRO	Option						11,570	18 Mar 2025	$.01 PV Com Stk	11,570	$31.57	Direct
holding	ATRO	Option						18,150	18 Mar 2025	$.01 PV Com Stk	18,150	$30.04	Direct
holding	ATRO	Option						27,000	18 Mar 2025	$.01 PV Com Stk	27,000	$14.45	Direct
holding	ATRO	Option						32,700	18 Mar 2025	$.01 PV Com Stk	32,700	$11.13	Direct
holding	ATRO	Option						35,600	18 Mar 2025	$.01 PV Com Stk	35,600	$9.74	Direct
holding	ATRO	Option						8,300	18 Mar 2025	$.01 PV Com Stk	8,300	$15.15	Direct
holding	ATRO	Restricted Stock Unit						18,550	18 Mar 2025	$.01 PV Com Stk	18,550		Direct	F5, F6
holding	ATRO	Restricted Stock Unit						11,500	18 Mar 2025	$.01 PV Com Stk	11,500		Direct	F5, F7
holding	ATRO	Restricted Stock Unit						17,700	18 Mar 2025	$.01 PV Com Stk	17,700		Direct	F5, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by Astronics Corp. to satisfy applicable withholding tax upon vesting of restricted stock units.
F2	The original Form 4, filed on March 20, 2025, is being amended by this Form 4 amendment to correct an administrative error, which misreported the transaction as Acquired (A) instead of Disposed (D). The amendment shows the transaction as a Disposition (D).
F3	The original Form 4, filed on March 20, 2025, is being amended by this Form 4 amendment to correct an administrative error, which misreported the total amount of securities owned following the reported transaction. The amendment shows the correct securities owned after the transaction.
F4	Represents shares owned by his wife.
F5	Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F6	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.
F7	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.
F8	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 amount shown reflects 75% of the target number of restricted stock units which vested on February 24, 2025.
F9	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.