Nancy L. Hedges - 18 Mar 2025 Form 4/A - Amendment 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
18 Mar 2025
Net transactions value
+$68,004
Form type
4/A - Amendment
Filing time
03 Apr 2025, 16:05:46 UTC
Date Of Original Report
20 Mar 2025
Previous filing
03 Mar 2025
Next filing
02 Oct 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 $137,005 +5,500 +23% $24.91 29,439 18 Mar 2025 Direct
transaction ATRO $.01 PV Com Stk Tax liability $69,001 -2,770 -9.4% $24.91 26,669 18 Mar 2025 Direct F1, F2, F3
holding ATRO $.01 PV CL B STK 607 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 -5,500 -100% $0.000000 0 18 Mar 2025 $.01 PV Com Stk 5,500 Direct F4, F8
holding ATRO Option 1,400 18 Mar 2025 $.01 PV Com Stk 1,400 $27.72 Direct
holding ATRO Option 452 18 Mar 2025 $.01 PV CL B STK 452 $27.72 Direct
holding ATRO Restricted Stock Unit 5,024 18 Mar 2025 $.01 PV Com Stk 5,024 Direct F4, F5
holding ATRO Option 1,520 18 Mar 2025 $.01 PV Com Stk 1,520 $31.76 Direct
holding ATRO Option 228 18 Mar 2025 $.01 PV CL B STK 228 $31.76 Direct
holding ATRO Restricted Stock Unit 5,050 18 Mar 2025 $.01 PV Com Stk 5,050 Direct F4, F6
holding ATRO Restricted Stock Unit 17,700 18 Mar 2025 $.01 PV Com Stk 17,700 Direct F4, F7
* 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 These restricted stock units are scheduled to vest 100% on February 23, 2026.
F7 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.
F8 These restricted stock units vested 100% on February 24, 2025.