0001628280-24-006883.txt : 20240226 0001628280-24-006883.hdr.sgml : 20240226 20240226162333 ACCESSION NUMBER: 0001628280-24-006883 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240222 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GUNDERMANN PETER J CENTRAL INDEX KEY: 0001182854 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07087 FILM NUMBER: 24679234 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_1708982602.xml FORM 4 X0508 4 2024-02-22 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 Com Stk 52118.974 D $.01 PV CL B STK 743493 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 Option 11.13 2022-12-09 2031-12-09 $.01 PV Com Stk 115800 115800 D Option 9.74 2023-12-16 2032-12-16 $.01 PV Com Stk 125000 125000 D Option 15.15 2024-12-07 2033-12-07 $.01 PV Com Stk 83900 83900 D Restricted Stock Unit $.01 PV Com Stk 350 350 D Restricted Stock Unit $.01 PV Com Stk 12275 12275 D Restricted Stock Unit $.01 PV Com Stk 14750 14750 D Restricted Stock Unit $.01 PV Com Stk 13550 13550 D Restricted Stock Unit 2024-02-22 4 A 0 26450 0 A $.01 PV Com Stk 26450 26450 D 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. 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 PETER J. GUNDERMANN 2024-02-26