Filing Details

Accession Number:
0001628280-24-010617
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-12 17:08:37
Reporting Period:
2024-02-29
Accepted Time:
2024-03-12 17:08:37
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
1763630 C Michael Kuehn 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 Com Stk Disposition 2024-02-29 2,209 $20.16 14,248 No 4 S Direct
$.01 Pv Com Stk Acquisiton 2024-03-08 7,838 $0.00 22,086 No 4 M Direct
$.01 Pv Com Stk Disposition 2024-03-08 2,226 $18.90 19,860 No 4 F Direct
$.01 Pv Com Stk Acquisiton 2024-03-08 226 $0.00 20,086 No 4 M Direct
$.01 Pv Com Stk Disposition 2024-03-08 137 $18.90 19,949 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
$.01 Pv Com Stk Restricted Stock Unit Disposition 2024-03-08 226 $0.00 226 $0.00
$.01 Pv Com Stk Restricted Stock Unit Disposition 2024-03-08 7,838 $0.00 7,838 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
$.01 Pv Com Stk Option $35.61 2018-12-12 2027-12-12 8,050 8,050 Direct
$.01 Pv Cl B Stk Option $35.61 2018-12-12 2027-12-12 1,208 1,208 Direct
$.01 Pv Com Stk Option $31.57 2019-12-13 2028-12-13 12,360 12,360 Direct
$.01 Pv Com Stk Option $30.04 2020-12-09 2029-12-09 18,150 18,150 Direct
$.01 Pv Com Stk Option $14.45 2022-01-22 2031-01-22 27,000 27,000 Direct
$.01 Pv Com Stk Option $11.13 2022-12-09 2031-12-09 32,700 32,700 Direct
$.01 Pv Com Stk Option $9.74 2023-12-16 2032-12-16 35,600 35,600 Direct
$.01 Pv Com Stk Option $15.15 2024-12-07 2033-12-07 8,300 8,300 Direct
$.01 Pv Com Stk Restricted Stock Unit $0.00 12,550 12,550 Direct
$.01 Pv Com Stk Restricted Stock Unit $0.00 11,500 11,500 Direct
$.01 Pv Com Stk Restricted Stock Unit $0.00 18,550 18,550 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2027-12-12 8,050 8,050 Direct
2027-12-12 1,208 1,208 Direct
2028-12-13 12,360 12,360 Direct
2029-12-09 18,150 18,150 Direct
2031-01-22 27,000 27,000 Direct
2031-12-09 32,700 32,700 Direct
2032-12-16 35,600 35,600 Direct
2033-12-07 8,300 8,300 Direct
12,550 12,550 Direct
11,500 11,500 Direct
18,550 18,550 Direct
Footnotes
  1. Shares withheld by Astronics Corp. to satisfy applicable withholding tax upon vesting of restricted stock units.
  2. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
  3. These restricted stock units vest ratably on each anniversary of the grant date over three years. The amounts shown reflect the final 1/3 of the original award which vested on February 26, 2024.
  4. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2021- December 31, 2023. The amount shown reflects 75% of the target number of restricted stock units which vested on December 31, 2023.
  5. 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.
  6. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2023- December31, 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.
  7. 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.