Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001209191-18-048178
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-23 16:29:50
Reporting Period:
2018-08-22
Accepted Time:
2018-08-23 16:29:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
8063 Astronics Corp ATRO Aircraft Parts & Auxiliary Equipment, Nec (3728) 160959303
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1492812 S James Kramer 130 Commerce Way
East Aurora NY 14052
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
$.01 Pv Common Stock Disposition 2018-08-22 11,800 $46.02 42,003 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
$.01 Pv Class B Stock 320,029 Direct
$.01 Pv Common Stock 220 Indirect By Spouse
$.01 Pv Class B Stock 686 Indirect By Spouse
$.01 Pv Common Stock 787 Indirect JAMES SHORE KRAMER CUST FOR LEAH JANE KRAMER
$.01 Pv Class B Stock 118 Indirect JAMES SHORE KRAMER CUST FOR LEAH JANE KRAMER
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
$.01 Pv Com Stk Option $3.27 2010-12-03 2019-12-03 11,750 11,750 Direct
$.01 Pv Cl B Stk Option $3.27 2010-12-03 2019-12-03 16,557 16,557 Direct
$.01 Pv Com Stk Option $8.82 2011-12-02 2020-12-02 4,350 4,350 Direct
$.01 Pv Cl B Stk Option $8.82 2011-12-02 2020-12-02 6,129 6,129 Direct
$.01 Pv Com Stk Option $15.63 2012-12-01 2021-12-01 3,200 3,200 Direct
$.01 Pv Cl B Stk Option $15.63 2012-12-01 2021-12-01 3,808 3,808 Direct
$.01 Pv Com Stk Option $10.58 2013-11-29 2022-11-29 5,700 5,700 Direct
$.01 Pv Cl B Stk Option $10.58 2013-11-29 2022-11-29 5,155 5,155 Direct
$.01 Pv Com Stk Option $32.72 2014-12-11 2023-12-11 2,330 2,330 Direct
$.01 Pv Cl B Stk Option $32.72 2014-12-11 2023-12-11 1,367 1,367 Direct
$.01 Pv Com Stk Option $35.46 2015-12-11 2024-12-11 2,720 2,720 Direct
$.01 Pv Cl B Stk Option $35.46 2015-12-11 2024-12-11 877 877 Direct
$.01 Pv Com Stk Option $31.88 2016-12-03 2025-12-03 3,500 3,500 Direct
$.01 Pv Cl B Stk Option $31.88 2016-12-03 2025-12-03 525 525 Direct
$.01 Pv Com Stk Option $36.52 2017-12-14 2026-12-14 3,670 3,670 Direct
$.01 Pv Com Stk Option $40.95 2018-12-12 2027-12-12 5,340 5,340 Direct
$.01 Pv Com Stk Restricted Stock Unit $0.00 920 920 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-12-03 11,750 11,750 Direct
2019-12-03 16,557 16,557 Direct
2020-12-02 4,350 4,350 Direct
2020-12-02 6,129 6,129 Direct
2021-12-01 3,200 3,200 Direct
2021-12-01 3,808 3,808 Direct
2022-11-29 5,700 5,700 Direct
2022-11-29 5,155 5,155 Direct
2023-12-11 2,330 2,330 Direct
2023-12-11 1,367 1,367 Direct
2024-12-11 2,720 2,720 Direct
2024-12-11 877 877 Direct
2025-12-03 3,500 3,500 Direct
2025-12-03 525 525 Direct
2026-12-14 3,670 3,670 Direct
2027-12-12 5,340 5,340 Direct
920 920 Direct
Footnotes
  1. Sold pursuant to a 10b5-1 trading plan.
  2. Mr. Kramer disclaims any beneficial interest in the shares owned by his wife.
  3. Represents shares held by James Shore Kramer Cust for Leah Jane Kramer. The beneficiary is the reporting person's immediate family.
  4. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
  5. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2018- December 31, 2020. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2020, with the vesting percentage determined based on actual performance.