James Mulato - 27 Feb 2025 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Pres Astronics Test Systems
Signature
/s/Julie Davis, as Power of Attorney for James Mulato
Issuer symbol
ATRO
Transactions as of
27 Feb 2025
Transactions value $
$0
Form type
4
Filing time
03 Mar 2025, 16:23:24 UTC
Previous filing
02 Oct 2024
Next filing
03 Apr 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 36,166 27 Feb 2025 Direct
holding ATRO $.01 PV CL B STK 1,195 27 Feb 2025 Direct
holding ATRO $.01 PV Com Stk 100 27 Feb 2025 Spouse F1
holding ATRO $.01 PV CL B STK 32 27 Feb 2025 Spouse F1

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 +17,700 $0 17,700 27 Feb 2025 $.01 PV Com Stk 17,700 Direct F2, F6
holding ATRO Option 3,300 27 Feb 2025 $.01 PV Com Stk 3,300 $30.83 Direct
holding ATRO Option 1,719 27 Feb 2025 $.01 PV CL B STK 1,719 $30.83 Direct
holding ATRO Option 4,300 27 Feb 2025 $.01 PV Com Stk 4,300 $27.72 Direct
holding ATRO Option 1,387 27 Feb 2025 $.01 PV CL B STK 1,387 $27.72 Direct
holding ATRO Option 6,560 27 Feb 2025 $.01 PV Com Stk 6,560 $31.76 Direct
holding ATRO Option 984 27 Feb 2025 $.01 PV CL B STK 984 $31.76 Direct
holding ATRO Option 7,950 27 Feb 2025 $.01 PV Com Stk 7,950 $35.61 Direct
holding ATRO Option 1,193 27 Feb 2025 $.01 PV CL B STK 1,193 $35.61 Direct
holding ATRO Option 11,570 27 Feb 2025 $.01 PV Com Stk 11,570 $31.57 Direct
holding ATRO Option 18,150 27 Feb 2025 $.01 PV Com Stk 18,150 $30.04 Direct
holding ATRO Option 27,000 27 Feb 2025 $.01 PV Com Stk 27,000 $14.45 Direct
holding ATRO Option 32,700 27 Feb 2025 $.01 PV Com Stk 32,700 $11.13 Direct
holding ATRO Option 35,600 27 Feb 2025 $.01 PV Com Stk 35,600 $9.74 Direct
holding ATRO Option 8,300 27 Feb 2025 $.01 PV Com Stk 8,300 $15.15 Direct
holding ATRO Restricted Stock Unit 18,550 27 Feb 2025 $.01 PV Com Stk 18,550 Direct F2, F3
holding ATRO Restricted Stock Unit 12,550 27 Feb 2025 $.01 PV Com Stk 12,550 Direct F2, F4
holding ATRO Restricted Stock Unit 11,500 27 Feb 2025 $.01 PV Com Stk 11,500 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares owned by his wife.
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F3 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.
F4 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.
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, 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.