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ASTRONICS CORP — Director's Dealing 2023
Oct 2, 2023
31886_dirs_2023-10-02_b61865bd-0faf-4f89-a917-9d545e62adec.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: 2023-09-29
Reporting Person: PEABODY MARK (VP Astronics Advanced Electron)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-09 | $.01 PV Common Stock | J | 201.186 | $17.44 | Acquired | 29310.347 | Direct |
| 2023-08-21 | $.01 PV Common Stock | J | 242.574 | $16.99 | Acquired | 29552.921 | Direct |
| 2023-09-29 | $.01 PV Common Stock | A | 2992 | $7.10 | Acquired | 32544.921 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Class B Stock | 198494 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $28.45 | 2023-12-11 | $.01 PV Com Stk (2990) | 2990 | Direct |
| Option | $28.45 | 2023-12-11 | $.01 PV Cl B Stk (2467) | 2467 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV Com Stk (3470) | 3470 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV Cl B Stk (1807) | 1807 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Com Stk (4500) | 4500 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Cl B Stk (1451) | 1451 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Com Stk (4820) | 4820 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Cl B Stk (723) | 723 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Com Stk (7010) | 7010 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Cl B Stk (1052) | 1052 | Direct |
| Option | $31.57 | 2028-12-13 | $.01 PV Com Stk (9280) | 9280 | Direct |
| Option | $30.04 | 2029-12-09 | $.01 PV Com Stk (13600) | 13600 | Direct |
| Option | $14.45 | 2031-01-22 | $.01 PV Com Stk (20250) | 20250 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (294) | 294 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (9825) | 9825 | Direct | |
| Opton | $11.13 | 2031-12-09 | $.01 PV COM STK (24500) | 24500 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (11800) | 11800 | Direct | |
| Option | $9.74 | 2032-12-16 | $.01 PV COM STK (26700) | 26700 | Direct |
| Restricted Stock Unit | $ | $.01 PV COM STK (10850) | 10850 | Direct |
Footnotes
F1: Reflects issuer's contribution to the reporting person's account in the issuer stock fund included in the issuer's 401(k) plan. The shares are held in the 401(k) account.
F2: Acquired shares via exercise of subscription agreement under employee stock purchase plan.
F3: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
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, 2023, 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, 2022- December 31, 2024. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 24, 2025, with the vesting percentage determined based on actual performance.
F7: Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2023- December
31, 2025. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 23, 2026, with the vesting percentage determined based on actual performance.