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ASTRONICS CORP — Director's Dealing 2021
Dec 13, 2021
31886_dirs_2021-12-13_dd9edaf2-2356-4574-a83d-d1fde47c1580.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: 2021-12-09
Reporting Person: Kuehn Michael C (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-09 | Option | $11.13 | A | 32700 | Acquired | 2031-12-09 | $.01 PV COM STK (32700) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Com Stk | 772 | 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 Unit | $ | $.01 PV Com Stk (2465) | 2465 | Direct | |
| Option | $30.04 | 2029-12-09 | $.01PV Com Stk (18150) | 18150 | Direct |
| Restricted Stock Unit | $ | $.01PV Com Stk (8650) | 8650 | Direct | |
| Option | $14.45 | 2031-01-22 | $.01PV Com Stk (27000) | 27000 | Direct |
| Restricted Stock Unit | $ | $.01PV Com Stk (680) | 680 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (10450) | 10450 | 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.
F3: 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.
F4: These restricted stock units vest ratably on each anniversary of the grant date over three years.
F5: Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2021- December 31, 2023. 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.