MARK PEABODY - 10 Jan 2024 Form 4 Insider Report for ASTRONICS CORP (ATRO)

Role
Executive VP & Pres-Aerospace
Signature
/s/Julie Davis, as Power of Attorney for Mark Peabody
Issuer symbol
ATRO
Transactions as of
10 Jan 2024
Net transactions value
-$8,050
Form type
4
Filing time
11 Mar 2025, 16:16:26 UTC
Previous filing
09 Jan 2024
Next filing
26 Feb 2024
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 Sale $8,050 -511 -1.1% $15.75 45,951 23 Dec 2024 Direct F1
transaction ATRO $.01 PV Com Stk Gift $0 -1,500 -3.3% $0.000000 44,451 10 Mar 2025 Direct F2
transaction ATRO $.01 PV CL B STK Gift $0 -2,000 -1% $0.000000 188,494 10 Jan 2024 Direct F2
transaction ATRO $.01 PV CL B STK Gift $0 -4,500 -2.4% $0.000000 183,994 10 Mar 2025 Direct F2

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
holding ATRO Option 4,500 10 Jan 2024 $.01 PV Com Stk 4,500 $27.72 Direct
holding ATRO Option 1,451 10 Jan 2024 $.01 PV CL B STK 1,451 $27.72 Direct
holding ATRO Option 4,820 10 Jan 2024 $.01 PV Com Stk 4,820 $31.76 Direct
holding ATRO Option 723 10 Jan 2024 $.01 PV CL B STK 723 $31.76 Direct
holding ATRO Option 7,010 10 Jan 2024 $.01 PV Com Stk 7,010 $35.61 Direct
holding ATRO Option 1,052 10 Jan 2024 $.01 PV CL B STK 1,052 $35.61 Direct
holding ATRO Option 9,280 10 Jan 2024 $.01 PV Com Stk 9,280 $31.57 Direct
holding ATRO Option 13,600 10 Jan 2024 $.01 PV Com Stk 13,600 $30.04 Direct
holding ATRO Option 20,250 10 Jan 2024 $.01 PV Com Stk 20,250 $14.45 Direct
holding ATRO Option 24,500 10 Jan 2024 $.01 PV Com Stk 24,500 $11.13 Direct
holding ATRO Option 26,700 10 Jan 2024 $.01 PV Com Stk 26,700 $9.74 Direct
holding ATRO Option 8,300 10 Jan 2024 $.01 PV Com Stk 8,300 $15.15 Direct
holding ATRO Restricted Stock Unit 11,800 10 Jan 2024 $.01 PV Com Stk 11,800 Direct F3, F4
holding ATRO Restricted Stock Unit 15,900 10 Jan 2024 $.01 PV Com Stk 15,900 Direct F3, F5
holding ATRO Restricted Stock Unit 10,850 10 Jan 2024 $.01 PV Com Stk 10,850 Direct F3, F6
holding ATRO Restricted Stock Unit 15,150 10 Jan 2024 $.01 PV Com Stk 15,150 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares from the issuer stock fund included in a distribution from the reporting persons 401k account.
F2 Shares gifted to children as part of tax planning.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
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, 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, 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.