ASTRONICS CORP — Director's Dealing 2019

Dec 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2019-12-09

Reporting Person: Kuehn Michael C (Executive Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-09	Option	$30.04	A	18150	Acquired	2029-12-09	$.01PV Com Stk (18150)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV Com Stk	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$35.61	2027-12-12	$.01PV Com Stk (8050)	8050	Direct
Option	$35.61	2027-12-12	$.01 PV Cl B Stk (1208)	1208	Direct
Option	$31.57	2028-12-13	$.01PV Com Stk (12360)	12360	Direct
Restricted Stock Unti	$		$.01 PV Com Stk (2465)	2465	Direct

Footnotes

F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

F2: Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2019-December 31, 2021. The "target" number of restricted stock units is reported. Between 75% and 115%of the target number of units may vest on December 31, 2021, with the vesting percentage determined based on actual performance.