SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DRENNING JOHN B

(Last) (First) (Middle)
THE GUARANTY BUILDING
140 PEARL ST., SUITE 100

(Street)
BUFFALO NY 14202-4040

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ASTRONICS CORP [ ATRO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
$.01 PV Com Stk 02/09/2012 M 1,041 D $35.66 76,525 D
$.01 PV Com Stk 02/09/2012 M 4,970 A $5.43 81,495 D
$.01 PV Cl B Stk 02/09/2012 M 1,864 A $5.43 142,888 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option $5.43 02/09/2012 M 4,970 08/14/2002 02/14/2012 $.01 PV Com Stk 4,970 $5.43 0 D
Option $5.43 02/09/2012 M 1,864 08/14/2002 02/14/2012 $.01 PV Cl B Stk 1,864 $5.43 0 D
Option $3.77 08/11/2003 02/11/2013 $.01 PV Com Stk 4,970 4,970 D
Option $3.77 08/11/2003 02/11/2013 $.01 PV Cl B Stk 1,864 1,864 D
Option $3.99 08/19/2004 02/19/2014 $.01 PV Com Stk 4,000 4,000 D
Option $3.99 08/19/2004 02/19/2014 $.01 PV Cl B Stk 1,500 1,500 D
Option $4.76 08/28/2005 02/28/2015 $.01 PV Com Stk 4,000 4,000 D
Option $4.76 08/28/2005 02/28/2015 $.01 PV Cl B Stk 1,500 1,500 D
Option $9.75 09/06/2006 03/06/2016 $.01 PV Com Stk 5,000 5,000 D
Option $9.75 09/06/2006 03/06/2016 $.01 PV Cl B Stk 1,875 1,875 D
Option $12.8 09/20/2007 03/20/2017 $.01 PV Com Stk 5,000 5,000 D
Option $12.8 09/20/2007 03/20/2017 $.01 PV Cl B Stk 1,875 1,875 D
Option $13.9 09/20/2008 03/20/2018 $.01 PV Com Stk 2,500 2,500 D
Option $13.9 09/20/2008 03/20/2018 $.01 PV Cl B Stk 937 937 D
Option $6.73 09/05/2009 03/05/2019 $.01 PV Com Stk 4,000 4,000 D
Option $6.73 09/05/2009 03/05/2019 $.01 PV Cl B Stk 400 400 D
Option $8.03 09/02/2010 03/02/2020 $.01 PV Com Stk 5,000 5,000 D
Option $8.03 09/02/2010 03/02/2020 $.01 PV Cl B Stk 500 500 D
Option $19.6 08/28/2011 02/28/2021 $.01 PV Com Stk 2,500 2,500 D
Option $19.6 08/28/2011 02/28/2021 $.01 PV Cl B Stk 250 250 D
Explanation of Responses:
Remarks:
/s/David C. Burney as Power of Attorney for John B. Drenning 02/10/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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