SEC Form 4 · accession 0001209191-18-052810
ASTRONICS CORP · ATRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Mulato
Other
Period of report
Sep 30, 2018
Accepted (ET)
Oct 1, 2018 · 4:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008063
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $.01 PV Common Stock | Sep 30, 2018 | A | 829 | $25.63 | A | 2,411 | D | |
| $.01 PV Class B Stock | holding | — | — | — | 441 | D | ||
| $.01 PV Common StockF2 | holding | — | — | — | 100 | I | Spouse | |
| $.01 PV Class B StockF2 | holding | — | — | — | 15 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $39.96 | holding | — | — | — | Mar 31, 2015 | Mar 31, 2024 | $.01 PV Com Stk | 2,400 | 2,400 | D |
| Option | $39.96 | holding | — | — | — | Mar 31, 2015 | Mar 31, 2024 | $.01 PV Cl B Stk | 1,409 | 1,409 | D |
| Option | $35.46 | holding | — | — | — | Dec 11, 2015 | Dec 11, 2024 | $.01 PV Com Stk | 3,300 | 3,300 | D |
| Option | $35.46 | holding | — | — | — | Dec 11, 2015 | Dec 11, 2024 | $.01 PV Cl B Stk | 1,064 | 1,064 | D |
| Option | $31.88 | holding | — | — | — | Dec 3, 2016 | Dec 3, 2025 | $.01 PV Com Stk | 4,300 | 4,300 | D |
| Option | $31.88 | holding | — | — | — | Dec 3, 2016 | Dec 3, 2025 | $.01 PV Cl B Stk | 645 | 645 | D |
| Option | $36.52 | holding | — | — | — | Dec 14, 2017 | Dec 14, 2026 | $.01 PV Com Stk | 6,560 | 6,560 | D |
| Option | $40.95 | holding | — | — | — | Dec 12, 2018 | Dec 12, 2027 | $.01 PV Com Stk | 7,950 | 7,950 | D |
| Restricted Stock UnitF3,F4 | — | holding | — | — | — | — | — | $.01 PV Com Stk | 2,175 | 2,175 | D |
Explanation of responses
- F1Acquired shares via exercise of subscription agreement under Employee Stock Purchase Plan.
- F2Represents shares owned by his wife.
- F3Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F4Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2018- December 31, 2020. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2020, with the vesting percentage determined based on actual performance.