Kuehn Michael C 4

Accession 0001628280-24-008917

CIK 0000008063other

View on SEC.gov Company Profile

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 4:24 PM ET

Size

28.9 KB

Accession

0001628280-24-008917

Insider Transaction Report

Form 4

Period: 2024-03-01

ASTRONICS CORPATRO

Kuehn Michael C

Executive Vice President

Transactions

Award
$.01 PV Com Stk
2024-03-01+193→ 9,506.479 total
Tax Payment
$.01 PV Com Stk
2024-03-01−68→ 9,438.479 total
Award
$.01 PV Com Stk
2024-03-01+10,241→ 19,679.479 total
Tax Payment
$.01 PV Com Stk
2024-03-01−3,292→ 16,387.479 total
Other
$.01 PV Com Stk
2024-03-04$18.90/sh+69.649$1,316→ 16,457.128 total

Holdings

Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV Com Stk (8,050 underlying)
8,050
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV CL B STK (1,208 underlying)
1,208
Option
Exercise: $31.57From: 2019-12-13Exp: 2028-12-13→ $.01 PV Com Stk (12,360 underlying)
12,360
Option
Exercise: $30.04From: 2020-12-09Exp: 2029-12-09→ $.01 PV Com Stk (18,150 underlying)
18,150
Option
Exercise: $14.45From: 2022-01-22Exp: 2031-01-22→ $.01 PV Com Stk (27,000 underlying)
27,000
Option
Exercise: $11.13From: 2022-12-09Exp: 2031-12-09→ $.01 PV Com Stk (32,700 underlying)
32,700
Option
Exercise: $9.74From: 2023-12-16Exp: 2032-12-16→ $.01 PV Com Stk (35,600 underlying)
35,600
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 (226 underlying)
226
Restricted Stock Unit
→ $.01 PV Com Stk (10,450 underlying)
10,450
Restricted Stock Unit
→ $.01 PV Com Stk (12,550 underlying)
12,550
Restricted Stock Unit
→ $.01 PV Com Stk (11,500 underlying)
11,500
Restricted Stock Unit
→ $.01 PV Com Stk (18,550 underlying)
18,550

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 23, 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 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.
[F8]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.
[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_1709673845.xmlPrimary
FORM 4

Issuer

ASTRONICS CORP

CIK 0000008063

→

Entity typeother

Related Parties

filerCIK 0001763630

Filing Metadata

Form type: 4
Filed: Mar 4, 7:00 PM ET
Accepted: Mar 5, 4:24 PM ET
Size: 28.9 KB

View on SEC.gov