AI assistant
ASTRONICS CORP — Director's Dealing 2024
Feb 26, 2024
31886_dirs_2024-02-26_9f21c523-4a98-4c10-b172-c517aad27c15.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2024-02-22
Reporting Person: Kuehn Michael C (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-22 | Restricted Stock Unit | $ | A | 18550 | Acquired | $.01 PV Com Stk (18550) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Com Stk | 9313.479 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $35.61 | 2027-12-12 | $.01 PV 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 | $.01 PV Com Stk (12360) | 12360 | Direct |
| Option | $30.04 | 2029-12-09 | $.01 PV Com Stk (18150) | 18150 | Direct |
| Option | $14.45 | 2031-01-22 | $.01 PV Com Stk (27000) | 27000 | Direct |
| Option | $11.13 | 2031-12-09 | $.01 PV Com Stk (32700) | 32700 | Direct |
| Option | $9.74 | 2032-12-16 | $.01 PV Com Stk (35600) | 35600 | Direct |
| Option | $15.15 | 2033-12-07 | $.01 PV Com Stk (8300) | 8300 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (226) | 226 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (10450) | 10450 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (12550) | 12550 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (11500) | 11500 | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2: These restricted stock units vest ratably on each anniversary of the grant date over three years.
F3: 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.
F4: 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.
F5: 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.
F6: 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 22, 2027, with the vesting percentage determined based on actual performance.