0001209191-22-018854.txt : 20220315
0001209191-22-018854.hdr.sgml : 20220315
20220315165808
ACCESSION NUMBER: 0001209191-22-018854
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: KRAMER JAMES S
CENTRAL INDEX KEY: 0001492812
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-07087
FILM NUMBER: 22741979
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
0001492812
KRAMER JAMES S
130 COMMERCE WAY
EAST AURORA
NY
14052
0
1
0
0
Executive Vice President
$.01 PV Common Stock
2022-03-11
4
M
0
697
0.00
A
54370
D
$.01 PV Common Stock
2022-03-11
4
F
0
274
13.18
D
54096
D
$.01 PV Common Stock
2022-03-11
4
M
0
175
0.00
A
54271
D
$.01 PV Common Stock
2022-03-11
4
F
0
69
13.18
D
54202
D
$.01 PV Common Stock
2022-03-04
4
J
0
681.237
0.00
A
681.237
D
$.01 PV Class B Stock
403100
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
Option
31.57
2019-12-13
2028-12-13
$.01 PV Com Stk
7060
7060
D
Restricted Stock Unit
2022-03-11
4
M
0
929
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
6100
6100
D
Option
14.45
2022-01-22
2031-01-22
$.01 PV Com Stk
20250
20250
D
Restricted Stock Unit
2022-03-11
4
M
0
175
0.00
D
$.01 PV Com Stk
349
349
D
Restricted Stock Unit
$.01 PV Com Stk
7375
7375
D
Option
11.13
2022-12-09
2031-12-09
$.01 PV COM STK
24500
24500
D
Restricted Stock Unit
$.01 PV Com Stk
8850
8850
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 James S. Kramer
2022-03-15