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ASTRONICS CORP — Director's Dealing 2025
Mar 3, 2025
31886_dirs_2025-03-03_dbcf94e5-1b63-49ff-9599-8f98bcd50b67.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: 2025-02-27
Reporting Person: Hedges Nancy L (Principal Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-27 | Restricted Stock Unit | $ | A | 17700 | Acquired | $.01 PV Com Stk (17700) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.01 PV Com Stk | 23938.975 | Direct |
| $.01 PV CL B STK | 607 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option | $30.83 | 2024-12-11 | $.01 PV Com Stk (1120) | 1120 | Direct |
| Option | $30.83 | 2024-12-11 | $.01 PV CL B STK (583) | 583 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV Com Stk (1400) | 1400 | Direct |
| Option | $27.72 | 2025-12-03 | $.01 PV CL B STK (452) | 452 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (5024) | 5024 | Direct | |
| Option | $31.76 | 2026-12-14 | $.01 PV Com Stk (1520) | 1520 | Direct |
| Option | $31.76 | 2026-12-14 | $.01 PV CL B STK (228) | 228 | Direct |
| Restricted Stock Unit | $ | $.01 PV Com Stk (5050) | 5050 | Direct | |
| Restricted Stock Unit | $ | $.01 PV Com Stk (5500) | 5500 | 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, 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.
F3: These restricted stock units are scheduled to vest 100% on February 23, 2026.
F4: These restricted stock units are scheduled to vest 100% on February 24, 2025.
F5: 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.