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ASTRONICS CORP — Director's Dealing 2024
Dec 9, 2024
31886_dirs_2024-12-09_19a331d6-f164-480b-9167-bf682424b5aa.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: 2024-12-05
Reporting Person: GUNDERMANN PETER J (Director, PRESIDENT/CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-05 | Option | $16.55 | A | 75800 | Acquired | 2034-12-05 | $.01 PV Com Stk (75800) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Com Stk | 74983.608 | Direct |
| $.01 PV CL B STK | 743493 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $30.83 | 2024-12-11 | $.01 PV Com Stk (10100) | 10100 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV CL B STK (5261) | 5261 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Com Stk (13700) | 13700 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV CL B STK (4418) | 4418 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Com Stk (14460) | 14460 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV CL B STK (2169) | 2169 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Com Stk (26300) | 26300 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV CL B STK (3945) | 3945 | Direct |
| Option | $31.57 | 2028-12-13 | $.01 PV Com Stk (34790) | 34790 | Direct |
| Option | $30.04 | 2029-12-09 | $.01 PV Com Stk (61200) | 61200 | Direct |
| Option | $14.45 | 2031-01-22 | $.01 PV Com Stk (98900) | 98900 | Direct |
| Option | $11.13 | 2031-12-09 | $.01 PV Com Stk (115800) | 115800 | Direct |
| Option | $9.74 | 2032-12-16 | $.01 PV Com Stk (125000) | 125000 | Direct |
| Option | $15.15 | 2033-12-07 | $.01 PV Com Stk (83900) | 83900 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (14750) | 14750 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (9206) | 9206 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (26450) | 26450 | 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 January 1, 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.
F3: 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.
F4: Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2024- December 31, 2026. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 23, 2027, with the vesting percentage determined based on actual performance.