ASTRONICS CORP — Director's Dealing 2008

Oct 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2008-10-17

Reporting Person: KEANE KEVIN T (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-17	$.01 PV Cl B Stk	J	168659	$0.00	Acquired	659542	Direct
2008-10-17	$.01 PV Cl B Stk	J	20926	$0.00	Acquired	45754	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-17	Option	$8.177	J	0	Acquired	2012-01-25	$.01 PV Com Stk (4936)	Direct
2008-10-17	Option	$8.177	J	1234	Acquired	2012-01-25	$.01 PV Cl B Stk (1234)	Direct
2008-10-17	Option	$4.262	J	0	Acquired	2013-01-24	$.01 PV Com Stk (55912)	Direct
2008-10-17	Option	$4.262	J	13978	Acquired	2013-01-24	$.01 PV Cl B Stk (13978)	Direct
2008-10-17	Option	$4.392	J	0	Acquired	2014-02-19	$.01 PV Com Stk (27300)	Direct
2008-10-17	Option	$4.392	J	6825	Acquired	2014-02-19	$.01 PV Cl B Stk (6825)	Direct
2008-10-17	Option	$4.072	J	0	Acquired	2014-12-14	$.01 PV Com Stk (29500)	Direct
2008-10-17	Option	$4.072	J	7375	Acquired	2014-12-14	$.01 PV Cl B Stk (7375)	Direct
2008-10-17	Option	$10.728	J	0	Acquired	2016-03-06	$.01 PV Com Stk (5000)	Direct
2008-10-17	Option	$10.728	J	1250	Acquired	2016-03-06	$.01 PV Cl B Stk (1250)	Direct
2008-10-17	Option	$14.08	J	0	Acquired	2017-03-20	$.01 PV Com Stk (5000)	Direct
2008-10-17	Option	$14.08	J	1250	Acquired	2017-03-20	$.01 PV Cl B Stk (1250)	Direct
2008-10-17	Option	$15.288	J	0	Acquired	2018-03-20	$.01 PV Com Stk (2500)	Direct
2008-10-17	Option	$15.288	J	625	Acquired	2018-03-20	$.01 PV Cl B Stk (625)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV Com Stk	183753	Direct
$.01 PV Com Stk	58879	Indirect

Footnotes

F1: Shares issued pursuant to a one-for-four distribution of Class B Stock to holders of both Common and Class B Stock on the record date of October 6, 2008.

F2: Mr. Keane disclaims any beneficial ownership in shares held by his wife.

F3: Adjusted pursuant to Class B stock distribution declared by the Board of Directors payable on 10/17/2008 of one share of Class B Stock for every four shares of Common Stock and Class B Stock.