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ASTRONICS CORP — Director's Dealing 2025
Mar 20, 2025
31886_dirs_2025-03-20_4fd359fa-45e2-4653-8b54-78e97ccd4016.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: 2025-03-18
Reporting Person: Mulato James (Pres Astronics Test Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-18 | $.01 PV Com Stk | M | 9413 | $24.91 | Acquired | 45579.822 | Direct |
| 2025-03-18 | $.01 PV Com Stk | F | 2293 | $24.91 | Acquired | 47872.822 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-18 | Restricted Stock Unit | $ | M | 9413 | Disposed | $.01 PV Com Stk (9413) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Com Stk | 100 | Indirect |
| $.01 PV CL B STK | 1195 | Direct |
| $.01 PV CL B STK | 32 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $27.72 | 2025-12-03 | $.01 PV Com Stk (4300) | 4300 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV CL B STK (1387) | 1387 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV Com Stk (6560) | 6560 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV CL B STK (984) | 984 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV Com Stk (7950) | 7950 | Direct |
| Option | $35.61 | 2027-12-12 | $.01 PV CL B STK (1193) | 1193 | Direct |
| Option | $31.57 | 2028-12-13 | $.01 PV Com Stk (11570) | 11570 | 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 (18550) | 18550 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (11500) | 11500 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (17700) | 17700 | Direct |
Footnotes
F1: Shares withheld by Astronics Corp. to satisfy applicable withholding tax upon vesting of restricted stock units.
F2: Represents shares owned by his wife.
F3: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
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 22, 2027, 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, 2022- December 31, 2024. The amount shown reflects 75% of the target number of
restricted stock units which vested on February 24, 2025.
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.