Nancy L. Hedges - Feb 27, 2025 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Principal Accounting Officer
Signature
/S/JULIE DAVIS, as Power of Attorney for Nancy L. Hedges
Stock symbol
ATRO
Transactions as of
Feb 27, 2025
Transactions value $
$0
Form type
4
Date filed
3/3/2025, 04:21 PM
Previous filing
Oct 2, 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 23.9K Feb 27, 2025 Direct
holding ATRO $.01 PV CL B STK 607 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 +17.7K $0.00 17.7K Feb 27, 2025 $.01 PV Com Stk 17.7K Direct F1, F5
holding ATRO Option 1.12K Feb 27, 2025 $.01 PV Com Stk 1.12K $30.83 Direct
holding ATRO Option 583 Feb 27, 2025 $.01 PV CL B STK 583 $30.83 Direct
holding ATRO Option 1.4K Feb 27, 2025 $.01 PV Com Stk 1.4K $27.72 Direct
holding ATRO Option 452 Feb 27, 2025 $.01 PV CL B STK 452 $27.72 Direct
holding ATRO Restricted Stock Unit 5.02K Feb 27, 2025 $.01 PV Com Stk 5.02K Direct F1, F2
holding ATRO Option 1.52K Feb 27, 2025 $.01 PV Com Stk 1.52K $31.76 Direct
holding ATRO Option 228 Feb 27, 2025 $.01 PV CL B STK 228 $31.76 Direct
holding ATRO Restricted Stock Unit 5.05K Feb 27, 2025 $.01 PV Com Stk 5.05K Direct F1, F3
holding ATRO Restricted Stock Unit 5.5K Feb 27, 2025 $.01 PV Com Stk 5.5K Direct F1, F4
* 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, 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.