0001209191-21-016053.txt : 20210302 0001209191-21-016053.hdr.sgml : 20210302 20210302163830 ACCESSION NUMBER: 0001209191-21-016053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210226 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRAMER JAMES S CENTRAL INDEX KEY: 0001492812 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07087 FILM NUMBER: 21704346 MAIL ADDRESS: STREET 1: 130 COMMERCE WAY CITY: EAST AURORA STATE: NY ZIP: 14052 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ASTRONICS CORP CENTRAL INDEX KEY: 0000008063 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] IRS NUMBER: 160959303 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 130 COMMERCE WAY STREET 2: - CITY: EAST AURORA STATE: NY ZIP: 14052-2191 BUSINESS PHONE: 716-805-1599 MAIL ADDRESS: STREET 1: 130 COMMERCE WAY STREET 2: - CITY: EAST AURORA STATE: NY ZIP: 14052-2191 FORMER COMPANY: FORMER CONFORMED NAME: ASTRONICS LUMINESCENT INC DATE OF NAME CHANGE: 19711209 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-02-26 0 0000008063 ASTRONICS CORP ATRO 0001492812 KRAMER JAMES S 130 COMMERCE WAY EAST AURORA NY 14052 0 1 0 0 Executive Vice President $.01 PV Common Stock 50012 D $.01 PV Class B Stock 402962 D $.01 PV Common Stock 787 I JAMES SHORE KRAMER CUST FOR LEAH JANE KRAMER $.01 PV Class B Stock 254 I JAMES SHORE KRAMER CUST FOR LEAH JANE KRAMER Option 13.59 2012-12-01 2021-12-01 $.01 PV Com Stk 3200 3200 D Option 13.59 2012-12-01 2021-12-01 $.01 PV Cl B Stk 4859 4859 D Option 9.20 2013-11-29 2022-11-29 $.01 PV Com Stk 5700 5700 D Option 9.20 2013-11-29 2022-11-29 $.01 PV Cl B Stk 6783 6784 D Option 28.45 2014-12-11 2023-12-11 $.01 PV Com Stk 2330 2330 D Option 28.45 2014-12-11 2023-12-11 $.01 PV Cl B Stk 1922 1923 D Option 30.83 2015-12-11 2024-12-11 $.01 PV Com Stk 2720 2720 D Option 30.83 2015-12-11 2024-12-11 $.01 PV Cl B Stk 1417 1417 D Option 27.72 2016-12-03 2025-12-03 $.01 PV Com Stk 3500 3500 D Option 27.72 2016-12-03 2025-12-03 $.01 PV Cl B Stk 1129 1129 D Option 31.76 2017-12-14 2026-12-14 $.01 PV Com Stk 3670 3670 D Option 31.76 2017-12-14 2026-12-14 $.01 PV Cl B Stk 551 551 D Option 35.61 2018-12-12 2027-12-12 $.01 PV Com Stk 5340 5340 D Option 35.61 2018-12-12 2027-12-12 $.01 PV Cl B Stk 801 801 D Restricted Stock Unit $.01 PV Com Stk 920 920 D Restricted Stock Unit $.01 PV Cl B Stk 138 138 D Option 31.57 2019-12-13 2028-12-13 $.01 PV Com Stk 7060 7060 D Restricted Stock Unit $.01 PV Com Stk 929 929 D Option 30.04 2020-12-09 2029-12-09 $.01 PV Com Stk 13600 13600 D Restricted Stock Unit $.01 PV Com Stk 6100 6100 D Option 14.45 2022-01-22 2031-01-22 $.01 PV Com Stk 20250 20250 D Restricted Stock Unit 2021-02-26 4 A 0 524 0.00 A $.01 PV Com Stk 524 524 D Restricted Stock Unit 2021-02-26 4 A 0 7375 0.00 A $.01 PV Com Stk 7375 7375 D Represents shares held by James Shore Kramer Cust for Leah Jane Kramer. The beneficiary is the reporting person's immediate family. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2018- December 31, 2020. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2020, with the vesting percentage determined based on actual performance. Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2019-December 31, 2021. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2021, with the vesting percentage determined based on actual performance. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2020- December 31, 2022. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2022, with the vesting percentage determined based on actual performance. These restricted stock units vest ratably on each anniversary of the grant date over three years. 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, 2022, with the vesting percentage determined based on actual performance. /s/Julie Davis, as Power of Attorney for James S. Kramer 2021-03-02