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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/1/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 8063 |
| Issuer Name: ASTRONICS CORP |
| Issuer Trading Symbol: ATRO |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1337084 |
| | Owner Name: Keane Robert S |
| Reporting Owner Address: |
| | Owner Street 1: 78 BEACON STREET |
| | Owner Street 2: |
| | Owner City: BOSTON |
| | Owner State: MA |
| | Owner ZIP Code: 02108 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: $.01 PV CL B STK |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 206,886 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Note |
| Footnote ID: F1 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: $.01 PV Com Stk |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 37,700 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Note |
| Footnote ID: F1 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: $.01 PV CL B STK |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 448,199 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Note |
| Footnote ID: F2 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: $.01 PV Com Stk |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 32,594 |
| | | Transaction Price Per Share: |
| Value: 19.09 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 12,132 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Note |
| Footnote ID: F2 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: $.01 PV Com Stk |
| | Transaction Date: |
| | | Value: 3/4/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,074 |
| | | Transaction Price Per Share: |
| Value: 19.08 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 11,058 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Note |
| Footnote ID: F2 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: $.01 PV Com Stk |
| | Transaction Date: |
| | | Value: 3/4/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,859 |
| | | Transaction Price Per Share: |
| Value: 19.09 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 26,041 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted Stock Unit |
| | Conversion or Exercise Price: |
| | | Footnote ID: F3 |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F4 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: $.01 PV Com Stk |
| | | Underlying Security Shares: |
| Value: 6,346 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,346 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Reporting Person is one of multiple potential beneficiaries to the direct owner of these shares, which is a trust (EAK & KRK Trust U/A/D 10/15/97 FBO Elizabeth A. Keane). The entire amount of the trust's interest is reported on this form, however the Reporting Person's proportionate interest is below 25%. |
| Footnote - F2: The direct owner is Boston & Saranac LLC, a Delaware limited liability company ("Boston & Saranac"). Boston & Saranac is 100% owned by a trust whose beneficiaries are the Reporting Person and his spouse |
| Footnote - F3: Each restricted stock unit represents the right to receive, at settlement, one share of common stock. |
| Footnote - F4: These restricted stock units are scheduled to vest 100% on August 22, 2024. |
Remarks: |
Owner Signature: |
| Signature Name: /s/Julie Davis as Power of Attorney for Robert Sprague Keane |
| Signature Date: 3/5/24 |