SEC Form 4 · accession 0001209191-18-055149

ASTRONICS CORP · ATRO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Mark Peabody

Officer — VP Astronics Advanced Electron

Period of report

Oct 12, 2018

Accepted (ET)

Oct 16, 2018 · 4:44 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 Class B Stock	Oct 12, 2018	J	18,102	$0.00	A	127,107	D
$.01 PV Common Stock	holding	—	—		—	11,675	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option	$2.85	Oct 12, 2018	J	6,100	A	Dec 9, 2009	Dec 9, 2018	$.01 PV Cl B Stk	29,885	29,885	D
Option	$2.84	Oct 12, 2018	J	6,085	A	Dec 3, 2010	Dec 3, 2019	$.01 PV Cl B Stk	29,814	29,814	D
Option	$7.68	Oct 12, 2018	J	2,349	A	Dec 2, 2011	Dec 2, 2020	$.01 PV Cl B Stk	11,508	11,508	D
Option	$13.59	Oct 12, 2018	J	1,412	A	Dec 1, 2012	Dec 1, 2021	$.01 PV Cl B Stk	6,530	6,530	D
Option	$9.20	Oct 12, 2018	J	2,114	A	Nov 29, 2013	Nov 29, 2022	$.01 PV Cl B Stk	8,807	8,807	D
Option	$28.45	Oct 12, 2018	J	712	A	Dec 11, 2014	Dec 11, 2023	$.01 PV Cl B Stk	2,467	2,467	D
Option	$30.83	Oct 12, 2018	J	688	A	Dec 11, 2015	Dec 11, 2024	$.01 PV Cl B Stk	1,807	1,807	D
Option	$27.72	Oct 12, 2018	J	776	A	Dec 3, 2016	Dec 3, 2025	$.01 PV Cl B Stk	1,451	1,451	D
Option	$31.76	Oct 12, 2018	J	723	A	Dec 14, 2017	Dec 14, 2026	$.01 PV Cl B Stk	723	723	D
Option	$35.61	Oct 12, 2018	J	1,052	A	Dec 12, 2018	Dec 12, 2027	$.01 PV Cl B Stk	1,052	1,052	D
Restricted Stock Unit^F4,F3	—	Oct 12, 2018	J	180	A	—	—	$.01 PV Cl B Stk	180	180	D
Option	$2.85	holding	—	—	—	Dec 9, 2009	Dec 9, 2018	$.01 PV Com Stk	16,880	16,880	D
Option	$2.84	holding	—	—	—	Dec 3, 2010	Dec 3, 2019	$.01 PV Com Stk	16,840	16,840	D
Option	$7.68	holding	—	—	—	Dec 2, 2011	Dec 2, 2020	$.01 PV Com Stk	6,500	6,500	D
Option	$13.59	holding	—	—	—	Dec 1, 2012	Dec 1, 2021	$.01 PV Com Stk	4,300	4,300	D
Option	$9.20	holding	—	—	—	Nov 29, 2013	Nov 29, 2022	$.01 PV Com Stk	7,400	7,400	D
Option	$28.45	holding	—	—	—	Dec 11, 2014	Dec 11, 2023	$.01 PV Com Stk	2,990	2,990	D
Option	$30.83	holding	—	—	—	Dec 11, 2015	Dec 11, 2024	$.01 PV Com Stk	3,470	3,470	D
Option	$27.72	holding	—	—	—	Dec 3, 2016	Dec 3, 2025	$.01 PV Com Stk	4,500	4,500	D
Option	$31.76	holding	—	—	—	Dec 14, 2017	Dec 14, 2026	$.01 PV Com Stk	4,820	4,820	D
Option	$35.61	holding	—	—	—	Dec 12, 2018	Dec 12, 2027	$.01 PV Com Stk	7,010	7,010	D
Restricted Stock Unit^F2,F3	—	holding	—	—	—	—	—	$.01 PV Com Stk	1,205	1,205	D

Explanation of responses

F1Shares issued pursuant to a three-for-twenty distribution of Class B stock to holders of both Common and Class B stock on the record date of October 12, 2018.
F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F3Vesting 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.
F4Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock.