ASTRONICS CORP — Director's Dealing 2002

Sep 25, 2002

4 1 gundermann_form4-092402.htm ASTRONICS CORPORATION-PETER GUNDERMANN 9/24/02

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(Print or Type Responses)

1. Name and Address of Reporting Person* GUNDERMANN PETER J.	2. Issuer Name and Ticker or Trading Symbol ASTRONICS CORPORATION (ATRO)
							X	Director	10% Owner
								Officer (give title below)	Other (specify below)
(Last) (First) (Middle) 130 Commerce Way	3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)		4. Statement for Month/Day/Year September 24, 2002				7. Individual or Joint/Group Filing (Check Applicable Line)
			5. If Amendment, Date of Original (Month/Day/Year)				X	Form filed by One Reporting Person
(Street) East Aurora, NY 14052								Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Trans- action Date (Month/ Day/ Year)	2A. Deemed Execution Date, if any (Month/ Day/ Year)	3. Trans- action Code (Instr.8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Owner- ship (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
$.01 Par Value Common Stock	09/24/02		M	V	16,500	A	1.48	93,048	D
$.01 Par Value Class B Stock	09/24/02		M	V	6,186	A	1.20	43,415	D
$01 Par Value Common Stock								6,114	I	*By Spouse
$.01 Par Value Class B Stock								3,064	I	*By Spouse

If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	(Over) SEC 1474 (9-02)

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FORM 4 (continued) — 1. Title of Derivative Security (Instr. 3)	Table II ¾ Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) — 2. Conver- sion or Exercise Price of Deri- vative Security	3. Trans- action Date (Month/ Day/ Year)	4. Trans- action Code (Instr.8)		5. Number of Deriv- ative Securities Ac- quired (A) or Dis- posed of (D) (Instr. 3, 4 and 5)		6. Date Exer- cisable and Expiration Date (Month/Day/ Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Deriv- ative Secur- ity (Instr. 5)	9. Number of deriv- ative Secur- ities Bene- ficially Owned Follow- ing Reported Trans- action(s) (Instr. 4)	10. Owner- ship Form of Deri- vative Security: Direct (D) or Indirect (I) (Instr. 4)
			Code	V	(A)	(D)	Date Exer- cisable	Expira- tion Date	Title	Amount or Number of Shares
Option**	$1.53	09/24/02	M	V		5,500	12/21/94	12/21/03	$.01 PV Com Stk	5,500	0
Option**	$1.53	09/24/02	M	V		2,062	12/21/94	12/21/03	$.01 PV Cl B Stk	2,062	0
Option**	$1.06	09/24/02	M	V		5,500	12/20/95	12/20/04	$.01 PV Com Stk	5,500	0
Option**	$1.06	09/24/02	M	V		2,062	12/20/95	12/20/04	$.01 PV Cl B Stk	2,062	0
Option**	$1.86	09/24/02	M	V		5,500	12/28/96	12/28/05	$.01 PV Com Stk	5,500	0
Option**	$1.86	09/24/02	M	V		2,062	12/28/96	12/28/05	$.01 PV Cl B Stk	2,062	0
Option**	$3.22						12/20/97	12/20/06	$.01 PV Com Stk	5,500	5,500	D
Option**	$3.22						12/20/97	12/20/06	$.01 PV Cl B Stk	2,062	2,062	D

Explanation of Responses:
Mr. Gundermann disclaims any beneficial interest in the shares held by his wife. *Granted pursuant to Stock Option Plan

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.	/s/ C. Anthony Rider, as Power of Attorney for PETER J. GUNDERMANN — **Signature of Reporting Person
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
	C. Anthony Rider, as Power of Attorney for PETER J. GUNDERMANN

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, s ee Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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FORM 4	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response.........0.5
[ ]	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
(Print or Type Responses)

1. Name and Address of Reporting Person* GUNDERMANN PETER J.	2. Issuer Name and Ticker or Trading Symbol ASTRONICS CORPORATION (ATRO)
							X	Director	10% Owner
								Officer (give title below)	Other (specify below)
(Last) (First) (Middle) 130 Commerce Way	3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)		4. Statement for Month/Day/Year September 24, 2002				7. Individual or Joint/Group Filing (Check Applicable Line)
			5. If Amendment, Date of Original (Month/Day/Year)				X	Form filed by One Reporting Person
(Street) East Aurora, NY 14052								Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Trans- action Date (Month/ Day/ Year)	2A. Deemed Execution Date, if any (Month/ Day/ Year)	3. Trans- action Code (Instr.8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Owner- ship (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	(Over) SEC 1474 (9-02)

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FORM 4 (continued) — 1. Title of Derivative Security (Instr. 3)	Table II ¾ Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) — 2. Conver- sion or Exercise Price of Deri- vative Security	4. Trans- action Code (Instr.8)		5. Number of Deriv- ative Securities Ac- quired (A) or Dis- posed of (D) (Instr. 3, 4 and 5)		6. Date Exer- cisable and Expiration Date (Month/Day/ Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Deriv- ative Secur- ity (Instr. 5)	9. Number of deriv- ative Secur- ities Bene- ficially Owned Follow- ing Reported Trans- action(s) (Instr. 4)	10. Owner- ship Form of Deri- vative Security: Direct (D) or Indirect (I) (Instr. 4)
		Code	V	(A)	(D)	Date Exer- cisable	Expira- tion Date	Title	Amount or Number of Shares
Option**	$6.41					01/18/00	01/18/09	$.01 PV Com Stk	9,600	9,600	D
Option**	$6.41					01/18/00	01/18/09	$.01 PV Cl B Stk	3,600	3,600	D
Option**	$7.64					01/18/01	01/18/10	$.01 PV Com Stk	9,000	9,000	D
Option**	$7.64					01/18/01	01/18/10	$.01 PV Cl B Stk	3,375	3,375	D
Option**	$15.24					04/26/02	04/26/11	$.01 PV Com Stk	8,300	8,300	D
Option**	$15.24					04/26/02	04/26/11	$.01 PV Cl B Stk	2,075	2,075	D
Option**	$12.70					1/25/03	01/25/12	$.01 PV Com Stk	9,300	9,300	D

Explanation of Responses:
Mr. Gundermann disclaims any beneficial interest in the shares held by his wife. *Granted pursuant to Stock Option Plan

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.	/s/ C. Anthony Rider, as Power of Attorney for PETER J. GUNDERMANN — **Signature of Reporting Person
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
	C. Anthony Rider, as Power of Attorney for PETER J. GUNDERMANN

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, s ee Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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