ASTRONICS CORP — Director's Dealing 2025

Apr 3, 2025

SEC Form 4/A — Form 4/A

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2025-03-18

Reporting Person: GUNDERMANN PETER J (Director, PRESIDENT/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-18	$.01 PV Com Stk	M	11063	—	Acquired	86046.608	Direct
2025-03-18	$.01 PV Com Stk	F	4133	$24.91	Disposed	81913.608	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-18	Restricted Stock Unit	$	M	11063	Disposed		$.01 PV Com Stk (11063)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV CL B STK	743493	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 (9206)	9206	Direct
Restricted Stock Unit	$		$.01 PV Com Stk (26450)	26450	Direct
Option	$16.55	2034-12-05	$.01 PV Com Stk (75800)	75800	Direct
Restricted Stock Unit	$		$.01 PV Com Stk (25250)	25250	Direct

Footnotes

F1: Shares withheld by Astronics Corp. to satisfy applicable withholding tax upon vesting of restricted stock units.

F2: The original Form 4, filed on March 20, 2025, is being amended by this Form 4 amendment to correct an administrative error, which misreported the transaction as Acquired (A) instead of Disposed (D). The amendment shows the transaction as a Disposition (D).

F3: The original Form 4, filed on March 20, 2025, is being amended by this Form 4 amendment to correct an administrative error, which misreported the total amount of securities owned following the reported transaction. The amendment shows the correct securities owned after the transaction.

F4: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

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 23, 2027, 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, 2025- December 31, 2027. The "target" number of restricted stock units is reported.
Between 50% and 150% of the target number of units may vest on February 27, 2028, with the vesting percentage determined based on actual performance.

F8: 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 amount shown reflects 75% of the target number of
restricted stock units which vested on February 24, 2025.