ASTRONICS CORP — Director's Dealing 2008

Mar 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2008-03-20

Reporting Person: DRENNING JOHN B (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-20	Option	$19.11	A	2500	Acquired	2018-03-20	$.01 PV Com Stk (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV Com Stk	89250	Direct
$.01 PV Cl B Stk	70683	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$5.999	2009-02-05	$.01 PV Com Stk (4970)	4970	Direct
Option	$5.999	2009-02-05	$.01 PV Cl B Stk (1864)	1864	Direct
Option	$5.341	2010-02-15	$.01 PV Com Stk (4970)	4970	Direct
Option	$5.341	2010-02-15	$.01 PV Cl B Stk (1864)	1864	Direct
Option	$10.102	2011-02-15	$.01 PV Com Stk (4970)	4970	Direct
Option	$10.102	2011-02-15	$.01 PV Cl B Stk (1242)	1242	Direct
Option	$7.461	2012-02-14	$.01 PV Com Stk (4970)	4970	Direct
Option	$5.183	2013-02-11	$.01 PV Com Stk (4970)	4970	Direct
Option	$5.49	2014-02-19	$.01 PV Com Stk (4000)	4000	Direct
Option	$6.54	2015-02-28	$.01 PV Com Stk (4000)	4000	Direct
Option	$13.41	2016-03-06	$.01 PV Com Stk (5000)	5000	Direct
Option	$17.60	2017-03-20	$.01 PV Com Stk (5000)	5000	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.