0001209191-23-058090.txt : 20231211 0001209191-23-058090.hdr.sgml : 20231211 20231211171440 ACCESSION NUMBER: 0001209191-23-058090 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231207 FILED AS OF DATE: 20231211 DATE AS OF CHANGE: 20231211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GUNDERMANN PETER J CENTRAL INDEX KEY: 0001182854 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07087 FILM NUMBER: 231478938 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 X0508 4 2023-12-07 0 0000008063 ASTRONICS CORP ATRO 0001182854 GUNDERMANN PETER J 130 COMMERCE WAY EAST AURORA NY 14052 1 1 0 0 PRESIDENT/CEO 0 $.01 PV COMMON STOCK 2023-06-09 4 J 0 262.514 17.44 A 51802.155 D $.01 PV COMMON STOCK 2023-08-21 4 J 0 269.985 16.77 A 52072.14 D $.01 PV COMMON STOCK 2023-11-20 4 J 0 46.834 15.50 A 52118.974 D $.01 PV CLASS B STOCK 743493 D OPTION 28.45 2014-12-11 2023-12-11 $.01 PV COM STK 8300 8300 D OPTION 28.45 2014-12-11 2023-12-11 $.01 PV CL B STK 6848 6848 D OPTION 30.83 2015-12-11 2024-12-11 $.01 PV COM STK 10100 10100 D OPTION 30.83 2015-12-11 2024-12-11 $.01 PV CL B STK 5261 5261 D OPTION 27.72 2016-12-03 2025-12-03 $.01 PV COM STK 13700 13700 D Option 27.72 2016-12-03 2025-12-03 $.01 PV CL B STK 4418 4418 D Option 31.76 2017-12-14 2026-12-14 $.01 PV COM STK 14460 14460 D Option 31.76 2017-12-14 2026-12-14 $.01 PV CL B STK 2169 2169 D Option 35.61 2018-12-12 2027-12-12 $.01 PV COM STK 26300 26300 D Option 35.61 2018-12-12 2027-12-12 $.01 PV CL B STK 3945 3945 D Option 31.57 2019-12-13 2028-12-13 $.01 PV COM STK 34790 34790 D Option 30.04 2020-12-09 2029-12-09 $.01 PV COM STK 61200 61200 D Option 14.45 2022-01-22 2031-01-22 $.01 PV COM STK 98900 98900 D Restricted Stock Unit $.01 PV COM STK 350 350 D Restricted Stock Unit $.01 PV COM STK 12275 12275 D Option 11.13 2022-12-09 2031-12-09 $.01 PV COM STK 115800 115800 D Restricted Stock Unit $.01 PV COM STK 14750 14750 D Option 9.74 2023-12-16 2032-12-16 $.01 PV COM STK 125000 125000 D Restricted Stock Unit $.01 PV COM STK 13550 13550 D Option 15.15 2023-12-07 4 M 0 83900 15.15 A 2024-12-07 2033-12-07 $.01 PV COM STK 83900 83900 D 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 January 1, 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, 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. /S/JULIE DAVIS, AS POWER OF ATTORNEY FOR PETER J. GUNDERMANN 2023-12-11