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ASTRONICS CORP — Director's Dealing 2018
Oct 16, 2018
31886_dirs_2018-10-16_01967eb5-beb6-449e-9558-293637d9a0d2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2018-10-12
Reporting Person: Mulato James (Pres Astronics Test Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-10-12 | $.01 PV Class B Stock | J | 428 | $0.00 | Acquired | 869 | Direct |
| 2018-10-12 | $.01 PV Class B Stock | J | 17 | $0.00 | Acquired | 32 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-10-12 | Option | $34.75 | J | 571 | Acquired | 2024-03-31 | $.01 PV Cl B Stk (1980) | Direct |
| 2018-10-12 | Option | $30.83 | J | 655 | Acquired | 2024-12-11 | $.01 PV Cl B Stk (1719) | Direct |
| 2018-10-12 | Option | $27.72 | J | 742 | Acquired | 2025-12-03 | $.01 PV Cl B Stk (1387) | Direct |
| 2018-10-12 | Option | $31.76 | J | 984 | Acquired | 2026-12-14 | $.01 PV Cl B Stk (984) | Direct |
| 2018-10-12 | Option | $35.61 | J | 1193 | Acquired | 2027-12-12 | $.01 PV Cl B Stk (1193) | Direct |
| 2018-10-12 | Restricted Stock Unit | $ | J | 326 | Acquired | $.01 PV Cl B Stk (326) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Common Stock | 2411 | Direct |
| $.01 PV Common Stock | 100 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $34.75 | 2024-03-31 | $.01 PV Com Stk (2400) | 2400 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV Com Stk (3300) | 3300 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Com Stk (4300) | 4300 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Com Stk (6560) | 6560 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Com Stk (7950) | 7950 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (2175) | 2175 | Direct |
Footnotes
F1: Shares issued pursuant to a three-for-twenty distribution of Class B stock to holders of both Common and Class B stock on the record date of October 12, 2018.
F2: Represents shares owned by his wife.
F3: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F4: Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2018- December 31, 2020. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2020, with the vesting percentage determined based on actual performance.
F5: Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock.