BURNEY DAVID C 4

Accession 0001628280-24-008926

CIK 0000008063other

View on SEC.gov Company Profile

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 4:27 PM ET

Size

36.6 KB

Accession

0001628280-24-008926

Insider Transaction Report

Form 4

Period: 2024-03-01

ASTRONICS CORPATRO

BURNEY DAVID C

VP-FINANCE, TREASURER

Transactions

Award
$.01 PV Com Stk
2024-03-01+172→ 51,795.032 total
Tax Payment
$.01 PV Com Stk
2024-03-01−72→ 51,723.032 total
Award
$.01 PV Com Stk
2024-03-01+9,864→ 61,587.032 total
Tax Payment
$.01 PV Com Stk
2024-03-01−5,292→ 56,295.032 total
Other
$.01 PV Com Stk
2024-03-04$18.90/sh+63.389$1,198→ 56,358.421 total

Holdings

$.01 PV CL B STK
191,833
Option
Exercise: $30.83From: 2015-12-11Exp: 2024-12-11→ $.01 PV Com Stk (3,150 underlying)
3,150
Option
Exercise: $30.83From: 2015-12-11Exp: 2024-12-11→ $.01 PV CL B STK (1,641 underlying)
1,641
Option
Exercise: $27.72From: 2016-12-03Exp: 2025-12-03→ $.01 PV Com Stk (4,100 underlying)
4,100
Option
Exercise: $27.72From: 2016-12-03Exp: 2025-12-03→ $.01 PV CL B STK (1,322 underlying)
1,322
Option
Exercise: $31.76From: 2017-12-14Exp: 2026-12-14→ $.01 PV Com Stk (4,370 underlying)
4,370
Option
Exercise: $31.76From: 2017-12-14Exp: 2026-12-14→ $.01 PV CL B STK (656 underlying)
656
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV Com Stk (6,350 underlying)
6,350
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV CL B STK (953 underlying)
953
Option
Exercise: $31.57From: 2019-12-13Exp: 2028-12-13→ $.01 PV Com Stk (8,410 underlying)
8,410
Option
Exercise: $30.04From: 2020-12-09Exp: 2029-12-09→ $.01 PV Com Stk (13,600 underlying)
13,600
Option
Exercise: $14.45From: 2022-01-22Exp: 2031-01-22→ $.01 PV Com Stk (20,250 underlying)
20,250
Option
Exercise: $11.13From: 2022-12-09Exp: 2031-12-09→ $.01 PV Com Stk (24,500 underlying)
24,500
Option
Exercise: $9.74From: 2023-12-16Exp: 2032-12-16→ $.01 PV Com Stk (26,700 underlying)
26,700
Option
Exercise: $15.15From: 2024-12-07Exp: 2033-12-07→ $.01 PV Com Stk (8,300 underlying)
8,300
Restricted Stock Unit
→ $.01 PV Com Stk (220 underlying)
220
Restricted Stock Unit
→ $.01 PV Com Stk (8,000 underlying)
8,000
Restricted Stock Unit
→ $.01 PV Com Stk (9,600 underlying)
9,600
Restricted Stock Unit
→ $.01 PV Com Stk (8,800 underlying)
8,800
Restricted Stock Unit
→ $.01 PV Com Stk (23,800 underlying)
23,800

Footnotes (10)

[F1]Pursuant to Astronics Corp. decision to pay out amounts earned by the reporting person under the 2023 bonus plan in shares of the Issuers common stock, par value $0.01 per share, instead of cash, the reporting person was granted the above referenced stock bonus award as a bonus for Q4 2023.
[F10]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.
[F2]Shares of common stock withheld by Astronics Corp. to satisfy applicable withholding tax upon the grant of the stock bonus award.
[F3]Pursuant to Astronics Corp. decision to pay out amounts earned by the reporting person under the 2023 bonus plan in shares of the Issuers common stock, par value $0.01 per share, instead of cash, the reporting person was granted the above referenced stock bonus award as an annual bonus for 2023.
[F4]Reflects issuer's contribution to the reporting person's account in the issuer stock fund included in the issuer's 401(k) plan. The shares are held in the 401(k) account.
[F5]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
[F6]These restricted stock units vest ratably on each anniversary of the grant date over three years.
[F7]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 "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2023, with the vesting percentage determined based on actual performance.
[F8]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 "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.
[F9]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.

Documents

1 file

4
wk-form4_1709674016.xmlPrimary
FORM 4

Issuer

ASTRONICS CORP

CIK 0000008063

→

Entity typeother

Related Parties

filerCIK 0001223156

Filing Metadata

Form type: 4
Filed: Mar 4, 7:00 PM ET
Accepted: Mar 5, 4:27 PM ET
Size: 36.6 KB

View on SEC.gov