ASTRONICS CORP — Director's Dealing 2008

Dec 31, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2008-12-30

Reporting Person: DRENNING JOHN B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-30	$.01 PV Com Stk	G	1000	$0.00	Disposed	88250	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV Cl B Stk	110666	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$4.799	2009-02-05	$.01 PV Com Stk (4970)	4970	Direct
Option	$4.799	2009-02-05	$.01 PV Cl B Stk (3573)	3573	Direct
Option	$4.273	2010-02-15	$.01 PV Com Stk (4970)	4970	Direct
Option	$4.273	2010-02-15	$.01 PV Cl B Stk (3573)	3573	Direct
Option	$8.082	2011-02-15	$.01 PV Com Stk (4970)	4970	Direct
Option	$8.082	2011-02-15	$.01 PV Cl B Stk (2795)	2795	Direct
Option	$5.969	2012-02-14	$.01 PV Com Stk (4970)	4970	Direct
Option	$5.969	2012-02-14	$.01 PV Cl B Stk (1243)	1243	Direct
Option	$4.146	2013-02-11	$.01 PV Com Stk (4970)	4970	Direct
Option	$4.146	2013-02-11	$.01 PV Cl B Stk (1243)	1243	Direct
Option	$4.392	2014-02-19	$.01 PV Com Stk (4000)	4000	Direct
Option	$4.392	2014-02-19	$.01 PV Cl B Stk (1000)	1000	Direct
Option	$5.232	2015-02-28	$.01 PV Com Stk (4000)	4000	Direct
Option	$5.232	2015-02-28	$.01 PV Cl B Stk (1000)	1000	Direct
Option	$10.728	2016-03-06	$.01 PV Com Stk (5000)	5000	Direct
Option	$10.728	2016-03-06	$.01 PV Cl B Stk (1250)	1250	Direct
Option	$14.08	2017-03-20	$.01 PV Com Stk (5000)	5000	Direct
Option	$14.08	2017-03-20	$.01 PV Cl B Stk (1250)	1250	Direct
Option	$15.288	2018-03-20	$.01 PV Com Stk (2500)	2500	Direct
Option	$15.288	2018-03-20	$.01 PV Cl B Stk (625)	625	Direct

Footnotes

F1: Granted pursuant to the Company's 1997 Directors Stock Option Plan.

F2: Granted pursuant to the Company's 2005 Directors Stock Option Plan.