5096 SARANAC LLC 4
4 · ASTRONICS CORP · Filed Aug 25, 2020
Insider Transaction Report
Form 4
ASTRONICS CORPATRO
5096 SARANAC LLC
10% Owner
Transactions
- Other
$ .01 Par Value Class B Stock
2020-08-21−1,409,614→ 0 total - Other
$ .01 Par Value Common Stock
2020-08-21−85,695→ 0 total - Conversion
$ .01 Par Value Class B Stock
2020-08-21−85,695→ 1,409,614 total→ $ .01 Par Value Common Stock (85,695 underlying) - Conversion
$ .01 Par Value Common Stock
2020-08-21+85,695→ 85,695 total
Footnotes (3)
- [F1]Each share of Class B Stock is convertible at any time, at the option of the holder, into one fully paid and non-assessable share of Common Stock.
- [F2]In-kind distribution to the Reporting Person's members.
- [F3]The number of shares reported in this Form 4 reflects the three-for-twenty distribution of Class B Stock on October 22, 2018 to holders of both Common and Class B Stock. Stockholders received three shares of Class B Stock for every twenty shares of Common and Class B Stock held on the record date of October 12, 2018. The Reporting Persons received 195,040 shares of Class B Common Stock in respect of such stock dividend.