JAMES S. KRAMER - 24 Feb 2022 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Executive Vice President
Signature
/s/Julie Davis, as Power of Attorney for James S. Kramer
Issuer symbol
ATRO
Transactions as of
24 Feb 2022
Net transactions value
$0
Form type
4
Filing time
28 Feb 2022, 15:37:17 UTC
Previous filing
13 Dec 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATRO $.01 PV Common Stock 53,673 24 Feb 2022 Direct
holding ATRO $.01 PV Class B Stock 403,100 24 Feb 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATRO Restricted Stock Unit Award $0 +8,850 $0.000000 8,850 24 Feb 2022 $.01 PV Com Stk 8,850 Direct F1, F6
holding ATRO Option 5,700 24 Feb 2022 $.01 PV Com Stk 5,700 $9.20 Direct
holding ATRO Option 6,784 24 Feb 2022 $.01 PV Cl B Stk 6,783 $9.20 Direct
holding ATRO Option 2,330 24 Feb 2022 $.01 PV Com Stk 2,330 $28.45 Direct
holding ATRO Option 1,923 24 Feb 2022 $.01 PV Cl B Stk 1,922 $28.45 Direct
holding ATRO Option 2,720 24 Feb 2022 $.01 PV Com Stk 2,720 $30.83 Direct
holding ATRO Option 1,417 24 Feb 2022 $.01 PV Cl B Stk 1,417 $30.83 Direct
holding ATRO Option 3,500 24 Feb 2022 $.01 PV Com Stk 3,500 $27.72 Direct
holding ATRO Option 1,129 24 Feb 2022 $.01 PV Cl B Stk 1,129 $27.72 Direct
holding ATRO Option 3,670 24 Feb 2022 $.01 PV Com Stk 3,670 $31.76 Direct
holding ATRO Option 551 24 Feb 2022 $.01 PV Cl B Stk 551 $31.76 Direct
holding ATRO Option 5,340 24 Feb 2022 $.01 PV Com Stk 5,340 $35.61 Direct
holding ATRO Option 801 24 Feb 2022 $.01 PV Cl B Stk 801 $35.61 Direct
holding ATRO Option 7,060 24 Feb 2022 $.01 PV Com Stk 7,060 $31.57 Direct
holding ATRO Restricted Stock Unit 929 24 Feb 2022 $.01 PV Com Stk 929 Direct F1, F2
holding ATRO Option 13,600 24 Feb 2022 $.01 PV Com Stk 13,600 $30.04 Direct
holding ATRO Restricted Stock Unit 6,100 24 Feb 2022 $.01 PV Com Stk 6,100 Direct F1, F3
holding ATRO Option 20,250 24 Feb 2022 $.01 PV Com Stk 20,250 $14.45 Direct
holding ATRO Restricted Stock Unit 524 24 Feb 2022 $.01 PV Com Stk 524 Direct F1, F4
holding ATRO Restricted Stock Unit 7,375 24 Feb 2022 $.01 PV Com Stk 7,375 Direct F1, F5
holding ATRO Option 24,500 24 Feb 2022 $.01 PV COM STK 24,500 $11.13 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 of January 1, 2019-December 31, 2021. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2021, with the vesting percentage determined based on actual performance.
F3 Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2020- December 31, 2022. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2022, with the vesting percentage determined based on actual performance.
F4 These restricted stock units vest ratably on each anniversary of the grant date over three years.
F5 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.
F6 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.