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ASTRONICS CORP — Director's Dealing 2020
Mar 13, 2020
31886_dirs_2020-03-13_29d0169a-5303-4a35-8552-366a9c3e63a5.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: 2020-03-12
Reporting Person: Mulato James (Pres Astronics Test Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-12 | $.01 PV Common Stock | P | 2000 | $13.20 | Acquired | 5011 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Class B Stock | 869 | Direct |
| $.01 PV Common Stock | 100 | Indirect |
| $.01 PV Class B Stock | 32 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $34.75 | 2024-03-31 | $.01 PV Com Stk (2400) | 2400 | Direct |
| Option | $34.75 | 2024-03-31 | $.01 PV Cl B Stk (1980) | 1980 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV Com Stk (3300) | 3300 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV Cl B Stk (1719) | 1719 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Com Stk (4300) | 4300 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Cl B Stk (1387) | 1387 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Com Stk (6560) | 6560 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Cl B Stk (984) | 984 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Com Stk (7950) | 7950 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Cl B Stk (1193) | 1193 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (2175) | 2175 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Cl B Stk (326) | 326 | Direct | |
| Option | $31.57 | 2028-12-13 | $.01 PV Com Stk (11570) | 11570 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (2306) | 2306 | Direct | |
| Option | $30.04 | 2029-12-09 | $.01 PV Com Stk (18150) | 18150 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (8650) | 8650 | Direct |
Footnotes
F1: Represents shares owned by his wife.
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.
F5: 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.
F6: Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2020- December 31, 2022. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2022, with the vesting percentage determined based on actual performance.