0001628280-24-023208.txt : 20240514
0001628280-24-023208.hdr.sgml : 20240514
20240514161004
ACCESSION NUMBER: 0001628280-24-023208
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: PEABODY MARK
CENTRAL INDEX KEY: 0001492763
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-07087
FILM NUMBER: 24944386
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_1715717385.xml
FORM 4
X0508
4
2024-05-10
0
0000008063
ASTRONICS CORP
ATRO
0001492763
PEABODY MARK
130 COMMERCE WAY
EAST AURORA
NY
14052
0
1
0
0
VP Astronics Advanced Electron
0
$.01 PV Com Stk
2024-05-10
4
A
0
338
0
A
44775.936
D
$.01 PV Com Stk
2024-05-10
4
F
0
83
0
D
44692.936
D
$.01 PV Com Stk
2024-05-13
4
J
0
194.915
18.89
A
44887.851
D
$.01 PV CL B STK
190494
D
Option
30.83
2015-12-11
2024-12-11
$.01 PV Com Stk
3470
3470
D
Restricted Stock Unit
$.01 PV Com Stk
0
0
D
Option
9.74
2023-12-16
2032-12-16
$.01 PV Com Stk
26700
26700
D
Restricted Stock Unit
$.01 PV Com Stk
11800
11800
D
Option
30.04
2020-12-09
2029-12-09
$.01 PV Com Stk
13600
13600
D
Option
31.57
2019-12-13
2028-12-13
$.01 PV Com Stk
9280
9280
D
Option
35.61
2018-12-12
2027-12-12
$.01 PV CL B STK
1052
1052
D
Option
30.83
2015-12-11
2024-12-11
$.01 PV CL B STK
1807
1807
D
Option
31.76
2017-12-14
2026-12-14
$.01 PV CL B STK
723
723
D
Option
27.72
2016-12-03
2025-12-03
$.01 PV Com Stk
4500
4500
D
Restricted Stock Unit
$.01 PV Com Stk
0
0
D
Option
15.15
2024-12-07
2033-12-07
$.01 PV Com Stk
8300
8300
D
Option
27.72
2016-12-03
2025-12-03
$.01 PV CL B STK
1451
1451
D
Restricted Stock Unit
$.01 PV Com Stk
15900
15900
D
Restricted Stock Unit
$.01 PV Com Stk
10850
10850
D
Option
11.13
2022-12-09
2031-12-09
$.01 PV Com Stk
24500
24500
D
Option
35.61
2018-12-12
2027-12-12
$.01 PV Com Stk
7010
7010
D
Option
15.15
2024-12-07
2033-12-07
$.01 PV Com Stk
8300
8300
D
Option
14.45
2022-01-22
2031-01-22
$.01 PV Com Stk
20250
20250
D
Option
31.76
2017-12-14
2026-12-14
$.01 PV Com Stk
4820
4820
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.
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, 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 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 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.
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.
/s/Julie Davis, as Power of Attorney for Mark Peabody
2024-05-14