AI assistant
ASTRONICS CORP — Director's Dealing 2018
Mar 5, 2018
31886_dirs_2018-03-05_eb1a75e0-23db-40ff-8ad3-2e6791b9dd5a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2018-03-01
Reporting Person: KRAMER JAMES S (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-01 | Restricted Stock Unit | $ | A | 920 | Acquired | $.01 PV Com Stk (920) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Common Stock | 53803 | Direct |
| $.01 PV Class B Stock | 320029 | Direct |
| $.01 PV Common Stock | 220 | Indirect |
| $.01 PV Class B Stock | 686 | Indirect |
| $.01 PV Common Stock | 787 | Indirect |
| $.01 PV Class B Stock | 118 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $3.27 | 2019-12-03 | $.01 PV Com Stk (11750) | 11750 | Direct |
| Option | $3.27 | 2019-12-03 | $.01 PV Cl B Stk (16557) | 16557 | Direct |
| Option | $8.82 | 2020-12-02 | $.01 PV Com Stk (4350) | 4350 | Direct |
| Option | $8.82 | 2020-12-02 | $.01 PV Cl B Stk (6129) | 6129 | Direct |
| Option | $15.63 | 2021-12-01 | $.01 PV Com Stk (3200) | 3200 | Direct |
| Option | $15.63 | 2021-12-01 | $.01 PV Cl B Stk (3808) | 3808 | Direct |
| Option | $10.58 | 2022-11-29 | $.01 PV Com Stk (5700) | 5700 | Direct |
| Option | $10.58 | 2022-11-29 | $.01 PV Cl B Stk (5155) | 5155 | Direct |
| Option | $32.72 | 2023-12-11 | $.01 PV Com Stk (2330) | 2330 | Direct |
| Option | $32.72 | 2023-12-11 | $.01 PV Cl B Stk (1367) | 1367 | Direct |
| Option | $35.46 | 2024-12-11 | $.01 PV Com Stk (2720) | 2720 | Direct |
| Option | $35.46 | 2024-12-11 | $.01 PV Cl B Stk (877) | 877 | Direct |
| Option | $31.88 | 2025-12-03 | $.01 PV Com Stk (3500) | 3500 | Direct |
| Option | $31.88 | 2025-12-03 | $.01 PV Cl B Stk (525) | 525 | Direct |
| Option | $36.52 | 2026-12-14 | $.01 PV Com Stk (3670) | 3670 | Direct |
| Option | $40.95 | 2027-12-12 | $.01 PV Com Stk (5340) | 5340 | Direct |
Footnotes
F1: Mr. Kramer disclaims any beneficial interest in the shares owned by his wife.
F2: Represents shares held by James Shore Kramer Cust for Leah Jane Kramer. The beneficiary is the reporting person's immediate family.
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.