0001628280-24-023193.txt : 20240514 0001628280-24-023193.hdr.sgml : 20240514 20240514160449 ACCESSION NUMBER: 0001628280-24-023193 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240510 FILED AS OF DATE: 20240514 DATE AS OF CHANGE: 20240514 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hedges Nancy L CENTRAL INDEX KEY: 0001628179 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07087 FILM NUMBER: 24944179 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] 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_1715717075.xml FORM 4 X0508 4 2024-05-10 0 0000008063 ASTRONICS CORP ATRO 0001628179 Hedges Nancy L 130 COMMERCE WAY EAST AURORA NY 14052 0 1 0 0 Principal Accounting Officer 0 $.01 PV Com Stk 2024-05-10 4 A 0 203 0 A 22320.453 D $.01 PV Com Stk 2024-05-10 4 F 0 73 0 D 22247.453 D $.01 PV Com Stk 2024-05-13 4 J 0 117.522 18.89 A 22364.975 D $.01 PV CL B STK 607 D Option 27.72 2016-12-03 2025-12-03 $.01 PV CL B STK 452 452 D Restricted Stock Unit $.01 PV Com Stk 5024 5024 D Restricted Stock Unit $.01 PV Com Stk 0 0 D Option 27.72 2016-12-03 2025-12-03 $.01 PV Com Stk 1400 1400 D Restricted Stock Unit $.01 PV Com Stk 0 0 D Option 30.83 2015-12-11 2024-12-11 $.01 PV Com Stk 1120 1120 D Option 31.76 2017-12-14 2026-12-14 $.01 PV CL B STK 228 228 D Option 31.76 2017-12-14 2026-12-14 $.01 PV Com Stk 1520 1520 D Restricted Stock Unit $.01 PV Com Stk 5050 5050 D Restricted Stock Unit $.01 PV Com Stk 5500 5500 D Option 30.83 2015-12-11 2024-12-11 $.01 PV CL B STK 583 583 D Pursuant to Astronics Corp. decision to pay out amounts earned by the reporting person under the 2024 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 Q1 2024. Shares of common stock withheld by Astronics Corp. to satisfy applicable withholding tax upon the grant of the stock bonus award. 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, 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. These restricted stock units are scheduled to vest 100% on February 26, 2024. These restricted stock units vest ratably on each anniversary of the grant date over three years. These restricted stock units are scheduled to vest 100% on February 23, 2026. These restricted stock units are scheduled to vest 100% on February 24, 2025. /S/JULIE DAVIS, as Power of Attorney for Nancy L. Hedges 2024-05-14