0001628280-24-008915.txt : 20240305
0001628280-24-008915.hdr.sgml : 20240305
20240305162351
ACCESSION NUMBER: 0001628280-24-008915
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240305
DATE AS OF CHANGE: 20240305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mulato James
CENTRAL INDEX KEY: 0001693402
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-07087
FILM NUMBER: 24720847
MAIL ADDRESS:
STREET 1: 4 GOODYEAR
CITY: IRVINE
STATE: CA
ZIP: 92677
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ASTRONICS CORP
CENTRAL INDEX KEY: 0000008063
STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728]
ORGANIZATION NAME: 04 Manufacturing
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
wk-form4_1709673808.xml
FORM 4
X0508
4
2024-03-01
0
0000008063
ASTRONICS CORP
ATRO
0001693402
Mulato James
130 COMMERCE WAY
EAST AURORA
NY
14052
0
0
0
1
Pres Astronics Test Systems
0
$.01 PV CL B STK
1195
D
$.01 PV Com Stk
100
I
Spouse
$.01 PV CL B STK
32
I
Spouse
$.01 PV Com Stk
2024-03-01
4
A
0
156
0
A
21010.965
D
$.01 PV Com Stk
2024-03-01
4
F
0
47
0
D
20963.965
D
$.01 PV Com Stk
2024-03-01
4
A
0
9681
0
A
30644.965
D
$.01 PV Com Stk
2024-03-01
4
F
0
2593
0
D
28051.965
D
$.01 PV Com Stk
2024-03-04
4
J
0
71.779
18.90
A
28123.744
D
Option
34.75
2015-03-31
2024-03-31
$.01 PV Com Stk
2400
2400
D
Option
34.75
2015-03-31
2024-03-31
$.01 PV CL B STK
1980
1980
D
Option
30.83
2015-12-11
2024-12-11
$.01 PV Com Stk
3300
3300
D
Option
30.83
2015-12-11
2024-12-11
$.01 PV CL B STK
1719
1719
D
Option
27.72
2016-12-03
2025-12-03
$.01 PV Com Stk
4300
4300
D
Option
27.72
2016-12-03
2025-12-03
$.01 PV CL B STK
1387
1387
D
Option
31.76
2017-12-14
2026-12-14
$.01 PV Com Stk
6560
6560
D
Option
31.76
2017-12-14
2026-12-14
$.01 PV CL B STK
984
984
D
Option
35.61
2018-12-12
2027-12-12
$.01 PV Com Stk
7950
7950
D
Option
35.61
2018-12-12
2027-12-12
$.01 PV CL B STK
1193
1193
D
Option
31.57
2019-12-13
2028-12-13
$.01 PV Com Stk
11570
11570
D
Option
30.04
2020-12-09
2029-12-09
$.01 PV Com Stk
18150
18150
D
Option
14.45
2022-01-22
2031-01-22
$.01 PV Com Stk
27000
27000
D
Option
11.13
2022-12-09
2031-12-09
$.01 PV Com Stk
32700
32700
D
Option
9.74
2023-12-16
2032-12-16
$.01 PV Com Stk
35600
35600
D
Option
15.15
2024-12-07
2033-12-07
$.01 PV Com Stk
8300
8300
D
Restricted Stock Unit
$.01 PV Com Stk
210
210
D
Restricted Stock Unit
$.01 PV Com Stk
10450
10450
D
Restricted Stock Unit
$.01 PV Com Stk
12550
12550
D
Restricted Stock Unit
$.01 PV Com Stk
11500
11500
D
Restricted Stock Unit
$.01 PV Com Stk
18550
18550
D
Represents shares owned by his wife.
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.
Shares of common stock withheld by Astronics Corp. to satisfy applicable withholding tax upon the grant of the stock bonus award.
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.
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.
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.
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.
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.
/s/Julie Davis, as Power of Attorney for James Mulato
2024-03-05