Peter J. Gundermann - Feb 27, 2025 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
PRESIDENT/CEO, Director
Signature
/S/JULIE DAVIS, AS POWER OF ATTORNEY FOR PETER J. GUNDERMANN
Stock symbol
ATRO
Transactions as of
Feb 27, 2025
Transactions value $
$0
Form type
4
Date filed
3/3/2025, 04:18 PM
Previous filing
Dec 9, 2024
Next filing
Apr 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATRO $.01 PV Com Stk 75K Feb 27, 2025 Direct
holding ATRO $.01 PV CL B STK 743K Feb 27, 2025 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 +25.3K $0.00 25.3K Feb 27, 2025 $.01 PV Com Stk 25.3K Direct F1, F5
holding ATRO Option 10.1K Feb 27, 2025 $.01 PV Com Stk 10.1K $30.83 Direct
holding ATRO Option 5.26K Feb 27, 2025 $.01 PV CL B STK 5.26K $30.83 Direct
holding ATRO Option 13.7K Feb 27, 2025 $.01 PV Com Stk 13.7K $27.72 Direct
holding ATRO Option 4.42K Feb 27, 2025 $.01 PV CL B STK 4.42K $27.72 Direct
holding ATRO Option 14.5K Feb 27, 2025 $.01 PV Com Stk 14.5K $31.76 Direct
holding ATRO Option 2.17K Feb 27, 2025 $.01 PV CL B STK 2.17K $31.76 Direct
holding ATRO Option 26.3K Feb 27, 2025 $.01 PV Com Stk 26.3K $35.61 Direct
holding ATRO Option 3.95K Feb 27, 2025 $.01 PV CL B STK 3.95K $35.61 Direct
holding ATRO Option 34.8K Feb 27, 2025 $.01 PV Com Stk 34.8K $31.57 Direct
holding ATRO Option 61.2K Feb 27, 2025 $.01 PV Com Stk 61.2K $30.04 Direct
holding ATRO Option 98.9K Feb 27, 2025 $.01 PV Com Stk 98.9K $14.45 Direct
holding ATRO Option 116K Feb 27, 2025 $.01 PV Com Stk 116K $11.13 Direct
holding ATRO Option 125K Feb 27, 2025 $.01 PV Com Stk 125K $9.74 Direct
holding ATRO Option 83.9K Feb 27, 2025 $.01 PV Com Stk 83.9K $15.15 Direct
holding ATRO Restricted Stock Unit 14.8K Feb 27, 2025 $.01 PV Com Stk 14.8K Direct F1, F2
holding ATRO Restricted Stock Unit 9.21K Feb 27, 2025 $.01 PV Com Stk 9.21K Direct F1, F3
holding ATRO Restricted Stock Unit 26.5K Feb 27, 2025 $.01 PV Com Stk 26.5K Direct F1, F4
holding ATRO Option 75.8K Feb 27, 2025 $.01 PV Com Stk 75.8K $16.55 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 January 1, 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.
F3 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.
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 23, 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, 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.