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: BURNEY DAVID C (VP-FINANCE, TREASURER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-17	$.01 PV CLASS B STOCK	J	2925	$0.00	Acquired	3668	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-17	OPTION	$4.155	J	0	Acquired	2008-11-04	$.01 PV COM STK (1863)	Direct
2008-10-17	OPTION	$4.155	J	641	Acquired	2008-11-04	$.01 PV CL B STK (1340)	Direct
2008-10-17	OPTION	$4.127	J	0	Acquired	2009-01-18	$.01 PV COM STK (1863)	Direct
2008-10-17	OPTION	$4.127	J	641	Acquired	2009-01-18	$.01 PV CL B STK (1340)	Direct
2008-10-17	OPTION	$4.917	J	0	Acquired	2010-01-18	$.01 PV COM STK (1243)	Direct
2008-10-17	OPTION	$4.917	J	427	Acquired	2010-01-18	$.01 PV CL B STK (892)	Direct
2008-10-17	OPTION	$6.117	J	0	Acquired	2011-01-19	$.01 PV COM STK (1242)	Direct
2008-10-17	OPTION	$6.117	J	388	Acquired	2011-01-19	$.01 PV CL B STK (699)	Direct
2008-10-17	OPTION	$8.177	J	0	Acquired	2012-01-25	$.01 PV COM STK (1242)	Direct
2008-10-17	OPTION	$8.177	J	311	Acquired	2012-01-25	$.01 PV Cl B Stk (311)	Direct
2008-10-17	OPTION	$4.262	J	0	Acquired	2013-01-24	$.01 PV COM STK (3727)	Direct
2008-10-17	OPTION	$4.262	J	932	Acquired	2013-01-24	$.01 PV Cl B Stk (932)	Direct
2008-10-17	OPTION	$4.392	J	0	Acquired	2014-02-19	$.01 PV COM STK (9400)	Direct
2008-10-17	OPTION	$4.392	J	2350	Acquired	2014-02-19	$.01 PV Cl B Stk (2350)	Direct
2008-10-17	OPTION	$4.072	J	0	Acquired	2014-12-14	$.01 PV COM STK (10100)	Direct
2008-10-17	OPTION	$4.072	J	2525	Acquired	2014-12-14	$.01 PV Cl B Stk (2525)	Direct
2008-10-17	OPTION	$5.20	J	0	Acquired	2015-02-18	$.01 PV COM STK (8750)	Direct
2008-10-17	OPTION	$5.20	J	2188	Acquired	2015-02-18	$.01 PV Cl B Stk (2188)	Direct
2008-10-17	OPTION	$7.864	J	0	Acquired	2015-12-13	$.01 PV COM STK (6900)	Direct
2008-10-17	OPTION	$7.864	J	1725	Acquired	2015-12-13	$.01 PV Cl B Stk (1725)	Direct
2008-10-17	OPTION	$13.888	J	0	Acquired	2016-12-12	$.01 PV COM STK (4610)	Direct
2008-10-17	OPTION	$13.888	J	1153	Acquired	2016-12-12	$.01 PV Cl B Stk (1153)	Direct
2008-10-17	OPTION	$31.848	J	0	Acquired	2017-12-19	$.01 PV COM STK (2210)	Direct
2008-10-17	OPTION	$31.848	J	553	Acquired	2017-12-19	$.01 PV Cl B Stk (553)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV COMMON STOCK	10959	Direct

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: 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.

F3: Granted pursuant to the Company's 2001 Key Employee Stock Option Plan.