Mark Peabody - 18 Mar 2025 Form 4/A - Amendment Insider Report for ASTRONICS CORP (ATRO)

Signature
/s/Julie Davis, as Power of Attorney for Mark Peabody
Issuer symbol
ATRO
Transactions as of
18 Mar 2025
Net transactions value
+$138,101
Form type
4/A - Amendment
Filing time
03 Apr 2025, 16:05:34 UTC
Date Of Original Report
20 Mar 2025
Previous filing
03 Mar 2025
Next filing
28 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV Com Stk Options Exercise $220,454 +8,850 +20% $24.91 53,301 18 Mar 2025 Direct
transaction ATRO $.01 PV Com Stk Tax liability $82,352 -3,306 -6.2% $24.91 49,995 18 Mar 2025 Direct F1, F2, F3
holding ATRO $.01 PV CL B STK 183,994 18 Mar 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 Options Exercise $0 -8,850 -100% $0.000000 0 18 Mar 2025 $.01 PV Com Stk 8,850 Direct F4, F7
holding ATRO Option 4,500 18 Mar 2025 $.01 PV Com Stk 4,500 $27.72 Direct
holding ATRO Option 1,451 18 Mar 2025 $.01 PV CL B STK 1,451 $27.72 Direct
holding ATRO Option 4,820 18 Mar 2025 $.01 PV Com Stk 4,820 $31.76 Direct
holding ATRO Option 723 18 Mar 2025 $.01 PV CL B STK 723 $31.76 Direct
holding ATRO Option 7,010 18 Mar 2025 $.01 PV Com Stk 7,010 $35.61 Direct
holding ATRO Option 1,052 18 Mar 2025 $.01 PV CL B STK 1,052 $35.61 Direct
holding ATRO Option 9,280 18 Mar 2025 $.01 PV Com Stk 9,280 $31.57 Direct
holding ATRO Option 13,600 18 Mar 2025 $.01 PV Com Stk 13,600 $30.04 Direct
holding ATRO Option 20,250 18 Mar 2025 $.01 PV Com Stk 20,250 $14.45 Direct
holding ATRO Option 24,500 18 Mar 2025 $.01 PV Com Stk 24,500 $11.13 Direct
holding ATRO Option 26,700 18 Mar 2025 $.01 PV Com Stk 26,700 $9.74 Direct
holding ATRO Restricted Stock Unit 15,900 18 Mar 2025 $.01 PV Com Stk 15,900 Direct F4, F5
holding ATRO Restricted Stock Unit 10,850 18 Mar 2025 $.01 PV Com Stk 10,850 Direct F4, F6
holding ATRO Option 8,300 18 Mar 2025 $.01 PV Com Stk 8,300 $15.15 Direct
holding ATRO Restricted Stock Unit 15,150 18 Mar 2025 $.01 PV Com Stk 15,150 Direct F4, F8
* 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 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F5 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.
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.
F7 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.
F8 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.