0001209191-22-018853.txt : 20220315
0001209191-22-018853.hdr.sgml : 20220315
20220315165720
ACCESSION NUMBER: 0001209191-22-018853
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220311
FILED AS OF DATE: 20220315
DATE AS OF CHANGE: 20220315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PEABODY MARK
CENTRAL INDEX KEY: 0001492763
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-07087
FILM NUMBER: 22741974
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
2022-03-11
0
0000008063
ASTRONICS CORP
ATRO
0001492763
PEABODY MARK
130 COMMERCE WAY
EAST AURORA
NY
14052
0
1
0
0
VP Astronics Advanced Electron
$.01 PV Common Stock
2022-03-11
4
M
0
915
0.00
A
29825
D
$.01 PV Common Stock
2022-03-11
4
F
0
276
13.18
D
29549
D
$.01 PV Common Stock
2022-03-11
4
M
0
296
0.00
A
29845
D
$.01 PV Common Stock
2022-03-11
4
F
0
90
13.18
D
29755
D
$.01 PV Common Stock
2022-03-04
4
J
0
1204.576
0.00
A
1204.576
D
$.01 PV Class B Stock
198494
D
Option
9.20
2013-11-29
2022-11-29
$.01 PV Com Stk
7400
7400
D
Option
9.20
2013-11-29
2022-11-29
$.01 PV Cl B Stk
8807
8807
D
Option
28.45
2014-12-11
2023-12-11
$.01 PV Com Stk
2990
2990
D
Option
28.45
2014-12-11
2023-12-11
$.01 PV Cl B Stk
2467
2467
D
Option
30.83
2015-12-11
2024-12-11
$.01 PV Com Stk
3470
3470
D
Option
30.83
2015-12-11
2024-12-11
$.01 PV Cl B Stk
1807
1807
D
Option
27.72
2016-12-03
2025-12-03
$.01 PV Com Stk
4500
4500
D
Option
27.72
2016-12-03
2025-12-03
$.01 PV Cl B Stk
1451
1451
D
Option
31.76
2017-12-14
2026-12-14
$.01 PV Com Stk
4820
4820
D
Option
31.76
2017-12-14
2026-12-14
$.01 PV Cl B Stk
723
723
D
Option
35.61
2018-12-12
2027-12-12
$.01 PV Com Stk
7010
7010
D
Option
35.61
2018-12-12
2027-12-12
$.01 PV Cl B Stk
1052
1052
D
Option
31.57
2019-12-13
2028-12-13
$.01 PV Com Stk
9280
9280
D
Restricted Stock Unit
2022-03-09
4
M
0
1220
0.00
D
$.01 PV Com Stk
0
0
D
Option
30.04
2020-12-09
2029-12-09
$.01 PV Com Stk
13600
13600
D
Restricted Stock Unit
$.01 PV Com Stk
6625
6625
D
Option
14.45
2022-01-22
2031-01-22
$.01 PV Com Stk
20250
20250
D
Restricted Stock Unit
2022-03-09
4
M
0
296
0.00
D
$.01 PV Com Stk
590
590
D
Restricted Stock Unit
$.01 PV Com Stk
9825
9825
D
Opton
11.13
2022-12-09
2031-12-09
$.01 PV COM STK
24500
24500
D
Restricted Stock Unit
$.01 PV Com Stk
11800
11800
D
Shares withheld by Astronics Corp. to satisfy applicable withholding tax upon vesting of restricted stock units.
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.
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 January 1, 2019-December 31, 2021. The "target" number of restricted stock units is reported in Table II. Based on actual performance, 75% of the target number of units vested on December 31, 2021.
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, 2023, 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, 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.
/s/Julie Davis, as Power of Attorney for Mark Peabody
2022-03-15