ASTRONICS CORP — Director's Dealing 2010

Oct 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2010-09-30

Reporting Person: GUNDERMANN PETER J (Director, PRESIDENT/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-30	$.01 PV COMMON STOCK	A	2822	$7.53	Acquired	29393	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV CLASS B STOCK	98577	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
OPTION	$9.813	2011-04-26	$.01 PV COM STK (10313)	10313	Direct
OPTION	$9.813	2011-04-26	$.01 PV CL B STK (5801)	5801	Direct
OPTION	$8.178	2012-01-25	$.01 PV COM STK (11555)	11555	Direct
OPTION	$8.178	2012-01-25	$.01 PV CL B STK (2889)	2889	Direct
OPTION	$4.263	2013-01-24	$.01 PV COM STK (33547)	33547	Direct
OPTION	$4.263	2013-01-24	$.01 PV CL B STK (8386)	8386	Direct
OPTION	$4.392	2014-02-19	$.01 PV COM STK (40800)	40800	Direct
OPTION	$4.392	2014-02-19	$.01 PV CL B STK (10200)	10200	Direct
OPTION	$4.072	2014-12-14	$.01 PV COM STK (44000)	44000	Direct
OPTION	$4.072	2014-12-14	$.01 PV CL B STK (11000)	11000	Direct
OPTION	$5.20	2015-02-18	$.01 PV COM STK (20000)	20000	Direct
OPTION	$5.20	2015-02-18	$.01 PV CL B STK (5000)	5000	Direct
OPTION	$7.864	2015-12-13	$.01 PV COM STK (25000)	25000	Direct
OPTION	$7.864	2015-12-13	$.01 PV CL B STK (6250)	6250	Direct
OPTION	$13.888	2016-12-12	$.01 PV COM STK (14460)	14460	Direct
OPTION	$13.888	2016-12-12	$.01 PV CL B STK (3615)	3615	Direct
OPTION	$31.848	2017-12-19	$.01 PV COM STK (6680)	6680	Direct
OPTION	$31.848	2017-12-19	$.01 PV CL B STK (1670)	1670	Direct
OPTION	$7.88	2018-12-09	$.01 PV COM STK (37440)	37440	Direct
OPTION	$7.87	2019-12-03	$.01 PV COM STK (37480)	37480	Direct

Footnotes

F1: On February 19, 2010 the reporting person transferred 9,610 shares of Common Stock to his ex-wife pursuant to a judgement of divorce. The reporting person no longer reports as beneficially owned any securities of Astronics Corporation owned by his ex-wife.

F2: Acquired shares via exercise of subscription agreement under employee stock purchase plan.