Mark Peabody - Mar 18, 2025 Form 4/A - Amendment Insider Report for ASTRONICS CORP (ATRO)

Role
Executive VP & Pres-Aerospace
Signature
/s/Julie Davis, as Power of Attorney for Mark Peabody
Stock symbol
ATRO
Transactions as of
Mar 18, 2025
Transactions value $
$138,101
Form type
4/A - Amendment
Date filed
4/3/2025, 04:05 PM
Date Of Original Report
Mar 20, 2025
Previous filing
Mar 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRO $.01 PV Com Stk Options Exercise $220K +8.85K +19.91% $24.91 53.3K Mar 18, 2025 Direct
transaction ATRO $.01 PV Com Stk Tax liability -$82.4K -3.31K -6.2% $24.91 50K Mar 18, 2025 Direct F1, F2, F3
holding ATRO $.01 PV CL B STK 184K Mar 18, 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 Options Exercise $0 -8.85K -100% $0.00 0 Mar 18, 2025 $.01 PV Com Stk 8.85K Direct F4, F7
holding ATRO Option 4.5K Mar 18, 2025 $.01 PV Com Stk 4.5K $27.72 Direct
holding ATRO Option 1.45K Mar 18, 2025 $.01 PV CL B STK 1.45K $27.72 Direct
holding ATRO Option 4.82K Mar 18, 2025 $.01 PV Com Stk 4.82K $31.76 Direct
holding ATRO Option 723 Mar 18, 2025 $.01 PV CL B STK 723 $31.76 Direct
holding ATRO Option 7.01K Mar 18, 2025 $.01 PV Com Stk 7.01K $35.61 Direct
holding ATRO Option 1.05K Mar 18, 2025 $.01 PV CL B STK 1.05K $35.61 Direct
holding ATRO Option 9.28K Mar 18, 2025 $.01 PV Com Stk 9.28K $31.57 Direct
holding ATRO Option 13.6K Mar 18, 2025 $.01 PV Com Stk 13.6K $30.04 Direct
holding ATRO Option 20.3K Mar 18, 2025 $.01 PV Com Stk 20.3K $14.45 Direct
holding ATRO Option 24.5K Mar 18, 2025 $.01 PV Com Stk 24.5K $11.13 Direct
holding ATRO Option 26.7K Mar 18, 2025 $.01 PV Com Stk 26.7K $9.74 Direct
holding ATRO Restricted Stock Unit 15.9K Mar 18, 2025 $.01 PV Com Stk 15.9K Direct F4, F5
holding ATRO Restricted Stock Unit 10.9K Mar 18, 2025 $.01 PV Com Stk 10.9K Direct F4, F6
holding ATRO Option 8.3K Mar 18, 2025 $.01 PV Com Stk 8.3K $15.15 Direct
holding ATRO Restricted Stock Unit 15.2K Mar 18, 2025 $.01 PV Com Stk 15.2K Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Astronics Corp. to satisfy applicable withholding tax upon vesting of restricted stock units.
F2 The original Form 4, filed on March 20, 2025, is being amended by this Form 4 amendment to correct an administrative error, which misreported the transaction as Acquired (A) instead of Disposed (D). The amendment shows the transaction as a Disposition (D).
F3 The original Form 4, filed on March 20, 2025, is being amended by this Form 4 amendment to correct an administrative error, which misreported the total amount of securities owned following the reported transaction. The amendment shows the correct securities owned after the transaction.
F4 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F5 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.
F6 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.
F7 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 amount shown reflects 75% of the target number of restricted stock units which vested on February 24, 2025.
F8 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.