4//SEC Filing
Mulato James 4
Accession 0001628280-24-023206
CIK 0000008063other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 4:08 PM ET
Size
37.4 KB
Accession
0001628280-24-023206
Insider Transaction Report
Form 4
ASTRONICS CORPATRO
Mulato James
Other
Transactions
- Tax Payment
$.01 PV Com Stk
2024-05-10−70→ 34,427.744 total - Award
$.01 PV Com Stk
2024-05-10+286→ 34,497.744 total - Other
$.01 PV Com Stk
2024-05-13$18.89/sh+165.078$3,118→ 34,592.822 total
Holdings
- 32(indirect: By Spouse)
$.01 PV CL B STK
- 7,950
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV Com Stk (7,950 underlying) - 0
Restricted Stock Unit
→ $.01 PV Com Stk (0 underlying) - 1,195
$.01 PV CL B STK
- 11,570
Option
Exercise: $31.57From: 2019-12-13Exp: 2028-12-13→ $.01 PV Com Stk (11,570 underlying) - 18,550
Restricted Stock Unit
→ $.01 PV Com Stk (18,550 underlying) - 1,719
Option
Exercise: $30.83From: 2015-12-11Exp: 2024-12-11→ $.01 PV CL B STK (1,719 underlying) - 18,150
Option
Exercise: $30.04From: 2020-12-09Exp: 2029-12-09→ $.01 PV Com Stk (18,150 underlying) - 6,560
Option
Exercise: $31.76From: 2017-12-14Exp: 2026-12-14→ $.01 PV Com Stk (6,560 underlying) - 100(indirect: By Spouse)
$.01 PV Com Stk
- 984
Option
Exercise: $31.76From: 2017-12-14Exp: 2026-12-14→ $.01 PV CL B STK (984 underlying) - 3,300
Option
Exercise: $30.83From: 2015-12-11Exp: 2024-12-11→ $.01 PV Com Stk (3,300 underlying) - 1,980
Option
Exercise: $34.75From: 2015-03-31Exp: 2024-03-31→ $.01 PV CL B STK (1,980 underlying) - 8,300
Option
Exercise: $15.15From: 2024-12-07Exp: 2033-12-07→ $.01 PV Com Stk (8,300 underlying) - 4,300
Option
Exercise: $27.72From: 2016-12-03Exp: 2025-12-03→ $.01 PV Com Stk (4,300 underlying) - 35,600
Option
Exercise: $9.74From: 2023-12-16Exp: 2032-12-16→ $.01 PV Com Stk (35,600 underlying) - 11,500
Restricted Stock Unit
→ $.01 PV Com Stk (11,500 underlying) - 1,387
Option
Exercise: $27.72From: 2016-12-03Exp: 2025-12-03→ $.01 PV CL B STK (1,387 underlying) - 12,550
Restricted Stock Unit
→ $.01 PV Com Stk (12,550 underlying) - 0
Restricted Stock Unit
→ $.01 PV Com Stk (0 underlying) - 2,400
Option
Exercise: $34.75From: 2015-03-31Exp: 2024-03-31→ $.01 PV Com Stk (2,400 underlying) - 32,700
Option
Exercise: $11.13From: 2022-12-09Exp: 2031-12-09→ $.01 PV Com Stk (32,700 underlying) - 1,193
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV CL B STK (1,193 underlying) - 27,000
Option
Exercise: $14.45From: 2022-01-22Exp: 2031-01-22→ $.01 PV Com Stk (27,000 underlying)
Footnotes (10)
- [F1]Pursuant to Astronics Corp. decision to pay out amounts earned by the reporting person under the 2024 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 Q1 2024.
- [F10]These restricted stock units vest ratably on each anniversary of the grant date over three years.
- [F2]Shares of common stock withheld by Astronics Corp. to satisfy applicable withholding tax upon the grant of the stock bonus award.
- [F3]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.
- [F4]Represents shares owned by his wife.
- [F5]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F6]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.
- [F7]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.
- [F8]Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 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.
- [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
Issuer
ASTRONICS CORP
CIK 0000008063
Entity typeother
Related Parties
1- filerCIK 0001693402
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 4:08 PM ET
- Size
- 37.4 KB