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ASTRONICS CORP Director's Dealing 2018

Oct 1, 2018

31886_dirs_2018-10-01_b6091fbb-9cb9-4379-b88f-687e50215d8a.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: 2018-09-30

Reporting Person: BURNEY DAVID C (VP-FINANCE, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-30 $.01 PV COMMON STOCK A 829 $25.63 Acquired 27888 Direct

Holdings (Non-Derivative)

Security Shares Ownership
$.01 PV CLASS B STOCK 116231 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
OPTION $3.27 2018-12-09 $.01 PV COM STK (12690) 12690 Direct
OPTION $3.27 2018-12-09 $.01 PV CL B STK (17881) 17881 Direct
OPTION $3.27 2019-12-03 $.01 PV COM STK (12710) 12710 Direct
OPTION $3.27 2019-12-03 $.01 PV CL B STK (17909) 17909 Direct
OPTION $8.82 2020-12-02 $.01 PV COM STK (5000) 5000 Direct
OPTION $8.82 2020-12-02 $.01 PV CL B STK (7045) 7045 Direct
OPTION $15.63 2021-12-01 $.01 PV COM STK (3600) 3600 Direct
OPTION $15.63 2021-12-01 $.01 PV CL B STK (4284) 4284 Direct
OPTION $10.58 2022-11-29 $.01 PV COM STK (6400) 6400 Direct
OPTION $10.58 2022-11-29 $.01 PV CL B STK (5788) 5788 Direct
OPTION $32.72 2023-12-11 $.01 PV COM STK (2600) 2600 Direct
Option $32.72 2023-12-11 $.01 PV CL B STK (1526) 1526 Direct
OPTION $35.46 2024-12-11 $.01 PV COM STK (3150) 3150 Direct
Option $35.46 2024-12-11 $.01 PV CL B STK (1016) 1016 Direct
Option $31.88 2025-12-03 $.01 PV COM STK (4100) 4100 Direct
Option $31.88 2025-12-03 $.01 PV CL B STK (615) 615 Direct
Option $36.52 2026-12-14 $.01 PV COM STK (4370) 4370 Direct
Option $40.95 2027-12-12 $.01 PV COM STK (6350) 6350 Direct
Restricted Stock Unit $ $.01 PV COM STK (1095) 1095 Direct

Footnotes

F1: ACQUIRED SHARES VIA EXERCISE OF SUBSCRIPTION AGREEMENT UNDER EMPLOYEE STOCK PURCHASE PLAN

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.