SEC Form 4 · accession 0001209191-18-062959
ASTRONICS CORP · ATRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Mulato
Other
Period of report
Dec 13, 2018
Accepted (ET)
Dec 17, 2018 · 4:42 pm EST
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 | holding | — | — | — | 2,411 | D | ||
| $.01 PV Class B Stock | holding | — | — | — | 869 | D | ||
| $.01 PV Common StockF1 | holding | — | — | — | 100 | I | Spouse | |
| $.01 PV Class B StockF1 | holding | — | — | — | 32 | 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 | $31.57 | Dec 13, 2018 | A | 11,570 | A | Dec 13, 2019 | Dec 13, 2028 | $.01 PV Com Stk | 11,570 | 11,570 | D |
| Option | $34.75 | holding | — | — | — | Mar 31, 2015 | Mar 31, 2024 | $.01 PV Com Stk | 2,400 | 2,400 | D |
| Option | $34.75 | holding | — | — | — | Mar 31, 2015 | Mar 31, 2024 | $.01 PV Cl B Stk | 1,980 | 1,980 | D |
| Option | $30.83 | holding | — | — | — | Dec 11, 2015 | Dec 11, 2024 | $.01 PV Com Stk | 3,300 | 3,300 | D |
| Option | $30.83 | holding | — | — | — | Dec 11, 2015 | Dec 11, 2024 | $.01 PV Cl B Stk | 1,719 | 1,719 | D |
| Option | $27.72 | holding | — | — | — | Dec 3, 2016 | Dec 3, 2025 | $.01 PV Com Stk | 4,300 | 4,300 | D |
| Option | $27.72 | holding | — | — | — | Dec 3, 2016 | Dec 3, 2025 | $.01 PV Cl B Stk | 1,387 | 1,387 | D |
| Option | $31.76 | holding | — | — | — | Dec 14, 2017 | Dec 14, 2026 | $.01 PV Com Stk | 6,560 | 6,560 | D |
| Option | $31.76 | holding | — | — | — | Dec 14, 2017 | Dec 14, 2026 | $.01 PV Cl B Stk | 984 | 984 | D |
| Option | $35.61 | holding | — | — | — | Dec 12, 2018 | Dec 12, 2027 | $.01 PV Com Stk | 7,950 | 7,950 | D |
| Option | $35.61 | holding | — | — | — | Dec 12, 2018 | Dec 12, 2027 | $.01 PV Cl B Stk | 1,193 | 1,193 | D |
| Restricted Stock UnitF2,F3 | — | holding | — | — | — | — | — | $.01 PV Com Stk | 2,175 | 2,175 | D |
| Restricted Stock UnitF4,F3 | — | holding | — | — | — | — | — | $.01 PV Cl B Stk | 326 | 326 | D |
Explanation of responses
- F1Represents shares owned by his wife.
- 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.