ASTRONICS CORP — Director's Dealing 2011

Aug 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2011-08-16

Reporting Person: KRAMER JAMES S (VP Luminescent Systems, Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-16	$.01 PV Class B Stock	J	13045	$0.00	Acquired	73680	Direct
2011-08-16	$.01 PV Class B Stock	J	37	$0.00	Acquired	194	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-16	Option	$3.87	J	0	Acquired	2013-01-24	$.01 PV Com Stk (5467)	Direct
2011-08-16	Option	$3.87	J	683	Acquired	2013-01-24	$.01 Cl B Stk (2050)	Direct
2011-08-16	Option	$3.99	J	0	Acquired	2014-02-19	$.01 PV Com Stk (9400)	Direct
2011-08-16	Option	$3.99	J	1175	Acquired	2014-02-19	$.01 PV Cl B Stk (3525)	Direct
2011-08-16	Option	$3.70	J	0	Acquired	2014-12-14	$.01 PV Com Stk (10400)	Direct
2011-08-16	Option	$3.70	J	1300	Acquired	2014-12-14	$.01 PV Cl B Stk (3900)	Direct
2011-08-16	Option	$4.73	J	0	Acquired	2015-02-18	$.01 PV Com Stk (8750)	Direct
2011-08-16	Option	$4.73	J	1093	Acquired	2015-02-18	$.01 PV Cl B Stk (3280)	Direct
2011-08-16	Option	$7.15	J	0	Acquired	2015-12-13	$.01 PV Com Stk (6100)	Direct
2011-08-16	Option	$7.15	J	762	Acquired	2015-12-13	$.01 PV Cl B Stk (2287)	Direct
2011-08-16	Option	$12.63	J	0	Acquired	2016-12-12	$.01 PV Com Stk (4030)	Direct
2011-08-16	Option	$12.63	J	503	Acquired	2016-12-12	$.01 PV Cl B Stk (1510)	Direct
2011-08-16	Option	$28.95	J	0	Acquired	2017-12-19	$.01 PV Com Stk (2010)	Direct
2011-08-16	Option	$28.95	J	251	Acquired	2017-12-19	$.01 PV Cl B Stk (753)	Direct
2011-08-16	Option	$7.16	J	0	Acquired	2018-12-09	$.01 PV Com Stk (11800)	Direct
2011-08-16	Option	$7.16	J	1180	Acquired	2018-12-09	$.01 PV Cl B Stk (1180)	Direct
2011-08-16	Option	$7.15	J	0	Acquired	2019-12-03	$.01 PV Com Stk (11750)	Direct
2011-08-16	Option	$7.15	J	1175	Acquired	2019-12-03	$.01 PV Cl B Stk (1175)	Direct
2011-08-16	Option	$19.33	J	0	Acquired	2020-12-02	$.01 PV Com Stk (4400)	Direct
2011-08-16	Option	$19.33	J	440	Acquired	2020-12-02	$.01 PV Cl B Stk (440)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV Common Stock	69822	Direct
$.01 PV Common Stock	220	Indirect

Footnotes

F1: Shares issued pursuant to a one-for-ten distribution of Class B Stock to holders of both Common and Class B Stock on the record date of August 16, 2011.

F2: Mr. Kramer disclaims any beneficial interest in the shares owned by his wife.

F3: Adjusted pursuant to Class B Stock distribution declared by the Board of Directors payable on 08/16/2011 of one share of Class B Stock for every ten shares of Common Stock and Class B Stock.