Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ASTRONICS CORP Director's Dealing 2024

Feb 26, 2024

31886_dirs_2024-02-26_0de708dc-d774-49b8-a6f7-755620c0306d.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4/A — Form 4/A

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2023-11-20

Reporting Person: KRAMER JAMES S (VP Luminescent Systems, Inc.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-11-20 $.01 PV Com Stk J 150.374 $15.50 Acquired 26264.554 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-12-07 Option $15.15 A 8300 Acquired 2033-12-07 $.01 PV Com Stk (8300) Direct

Holdings (Non-Derivative)

Security Shares Ownership
$.01 PV CL B STK 123342 Direct
$.01 PV Com Stk 35555 Indirect
$.01 PV CL B STK 279758 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option $28.45 2023-12-11 $.01 PV Com Stk (2330) 2330 Direct
Option $28.45 2023-12-11 $.01 PV CL B STK (1922) 1923 Direct
Option $30.83 2024-12-11 $.01 PV Com Stk (2720) 2720 Direct
Option $30.83 2024-12-11 $.01 PV CL B STK (1417) 1417 Direct
Option $27.72 2025-12-03 $.01 PV Com Stk (3500) 3500 Direct
Option $27.72 2025-12-03 $.01 PV CL B STK (1129) 1129 Direct
Option $31.76 2026-12-14 $.01 PV Com Stk (3670) 3670 Direct
Option $31.76 2026-12-14 $.01 PV CL B STK (551) 551 Direct
Option $35.61 2027-12-12 $.01 PV Com Stk (5340) 5340 Direct
Option $35.61 2027-12-12 $.01 PV CL B STK (801) 801 Direct
Option $31.57 2028-12-13 $.01 PV Com Stk (7060) 7060 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
Option $11.13 2031-12-09 $.01 PV Com Stk (24500) 24500 Direct
Option $9.74 2032-12-16 $.01 PV Com Stk (26700) 26700 Direct
Restricted Stock Unit $ $.01 PV Com Stk (174) 174 Direct
Restricted Stock Unit $ $.01 PV Com Stk (7375) 7375 Direct
Restricted Stock Unit $ $.01 PV Com Stk (8850) 8850 Direct
Restricted Stock Unit $ $.01 PV Com Stk (8150) 8150 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: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

F3: These restricted stock units vest ratably on each anniversary of the grant date over three years.

F4: 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.

F5: 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.

F6: 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.