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ASTRONICS CORP — Director's Dealing 2018
Oct 16, 2018
31886_dirs_2018-10-16_fb6006c3-6233-4c02-a2d9-586f2bfdbfc8.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: BURNEY DAVID C (VP-FINANCE, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-10-12 | $.01 PV CLASS B STOCK | J | 21617 | $0.00 | Acquired | 137848 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-10-12 | OPTION | $2.85 | J | 4586 | Acquired | 2018-12-09 | $.01 PV CL B STK (22467) | Direct |
| 2018-10-12 | OPTION | $2.84 | J | 4593 | Acquired | 2019-12-03 | $.01 PV CL B STK (22502) | Direct |
| 2018-10-12 | OPTION | $7.68 | J | 1807 | Acquired | 2020-12-02 | $.01 PV CL B STK (8852) | Direct |
| 2018-10-12 | OPTION | $13.59 | J | 1183 | Acquired | 2021-12-01 | $.01 PV CL B STK (5467) | Direct |
| 2018-10-12 | OPTION | $9.20 | J | 1828 | Acquired | 2022-11-29 | $.01 PV CL B STK (7616) | Direct |
| 2018-10-12 | Option | $28.45 | J | 619 | Acquired | 2023-12-11 | $.01 PV CL B STK (2145) | Direct |
| 2018-10-12 | Option | $30.83 | J | 625 | Acquired | 2024-12-11 | $.01 PV CL B STK (1641) | Direct |
| 2018-10-12 | Option | $27.72 | J | 707 | Acquired | 2025-12-03 | $.01 PV CL B STK (1322) | Direct |
| 2018-10-12 | Option | $31.76 | J | 656 | Acquired | 2026-12-14 | $.01 PV CL B STK (656) | Direct |
| 2018-10-12 | Option | $35.61 | J | 953 | Acquired | 2027-12-12 | $.01 PV CL B STK (953) | Direct |
| 2018-10-12 | Option | $ | J | 164 | Acquired | $.01 PV CL B STK (164) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV COMMON STOCK | 27888 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| OPTION | $2.85 | 2018-12-09 | $.01 PV COM STK (12690) | 12690 | Direct |
| OPTION | $2.84 | 2019-12-03 | $.01 PV COM STK (12710) | 12710 | Direct |
| OPTION | $7.68 | 2020-12-02 | $.01 PV COM STK (5000) | 5000 | Direct |
| OPTION | $13.59 | 2021-12-01 | $.01 PV COM STK (3600) | 3600 | Direct |
| OPTION | $9.20 | 2022-11-29 | $.01 PV COM STK (6400) | 6400 | Direct |
| OPTION | $28.45 | 2023-12-11 | $.01 PV COM STK (2600) | 2600 | Direct |
| OPTION | $30.83 | 2024-12-11 | $.01 PV COM STK (3150) | 3150 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV COM STK (4100) | 4100 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV COM STK (4370) | 4370 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV COM STK (6350) | 6350 | Direct |
| Restricted Stock Unit | $ | $.01 PV COM STK (1095) | 1095 | 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: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F3: 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.
F4: Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock.