ASTRONICS CORP — Director's Dealing 2014

Sep 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTRONICS CORP (ATRO)
CIK: 0000008063
Period of Report: 2014-09-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-05	$.01 PV Class B Stock	J	42945	$0.00	Acquired	190972	Direct
2014-09-05	$.01 PV Class B Stock	J	114	$0.00	Acquired	465	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-05	Option	$2.86	J	2481	Acquired	2015-02-18	$.01 PV Cl B Stk (10334)	Direct
2014-09-05	Option	$4.32	J	2315	Acquired	2015-12-13	$.01 PV Cl B Stk (7790)	Direct
2014-09-05	Option	$7.62	J	1529	Acquired	2016-12-12	$.01 PV Cl B Stk (5146)	Direct
2014-09-05	Option	$17.48	J	763	Acquired	2017-12-19	$.01 PV Cl B Stk (2567)	Direct
2014-09-05	Option	$4.33	J	3582	Acquired	2018-12-09	$.01 PV Cl B Stk (9695)	Direct
2014-09-05	Option	$4.32	J	3567	Acquired	2019-12-03	$.01 PV Cl B Stk (9654)	Direct
2014-09-05	Option	$11.67	J	1321	Acquired	2020-12-02	$.01 PV Cl B Stk (3574)	Direct
2014-09-05	Option	$20.68	J	883	Acquired	2021-12-01	$.01 PV Cl B Stk (2099)	Direct
2014-09-05	Option	$13.99	J	1368	Acquired	2022-11-29	$.01 PV Cl B Stk (2508)	Direct
2014-09-05	Option	$43.28	J	466	Acquired	2023-12-11	$.01 PV Cl B Stk (466)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 PV Common Stock	66699	Direct
$.01 PV Common Stock	220	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$2.86	2015-02-18	$.01 PV Com Stk (4550)	4550	Direct
Option	$4.32	2015-12-13	$.01 PV Com Stk (6100)	6100	Direct
Option	$7.62	2016-12-12	$.01 PV Com Stk (4030)	4030	Direct
Option	$17.48	2017-12-19	$.01 PV Com Stk (2010)	2010	Direct
Option	$4.33	2018-12-09	$.01 PV Com Stk (11800)	11800	Direct
Option	$4.32	2019-12-03	$.01 PV Com Stk (11750)	11750	Direct
Option	$11.67	2020-12-02	$.01 PV Com Stk (4350)	4350	Direct
Option	$20.68	2021-12-01	$.01 PV Com Stk (3200)	3200	Direct
Option	$13.99	2022-11-29	$.01 PV Com Stk (5700)	5700	Direct
Option	$43.28	2023-12-11	$.01 PV Com Stk (2330)	2330	Direct

Footnotes

F1: Shares issued pursuant to a one-for-five distribution of Class B stock to holders of both Common and Class B stock on the record date of September 5, 2014.

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