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*
GUNDERMANN PETER J

(Last) (First) (Middle)
130 COMMERCE WAY

(Street)
EAST AURORA NY 14052

(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
X Officer (give title below) Other (specify below)
PRESIDENT/CEO
3. Date of Earliest Transaction (Month/Day/Year)
04/19/2012
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 COMMON STOCK 04/19/2012 M 2,987 D $29.92 29,041 D
$.01 PV COMMON STOCK 04/19/2012 M 10,484 A $3.875 39,525 D
$.01 PV CLASS B STOCK 04/19/2012 M 12,579 A $3.875 139,668 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 $3.87 04/19/2012 M 10,484 01/24/2004 01/24/2013 $.01 PV COM STK 33,547 $3.87 23,063 D
OPTION $3.87 04/19/2012 M 12,579 01/24/2004 01/24/2013 $.01 PV CL B STK 12,579 $3.87 0 D
OPTION $3.99 02/19/2005 02/19/2014 $.01 PV COM STK 40,800 40,800 D
OPTION $3.99 02/19/2005 02/19/2014 $.01 PV CL B STK 15,300 15,300 D
OPTION $3.7 12/14/2005 12/14/2014 $.01 PV COM STK 44,000 44,000 D
OPTION $3.7 12/14/2005 12/14/2014 $.01 PV CL B STK 16,500 16,500 D
OPTION $4.73 02/18/2006 02/18/2015 $.01 PV COM STK 20,000 20,000 D
OPTION $4.73 02/18/2006 02/18/2015 $.01 PV CL B STK 7,500 7,500 D
OPTION $7.15 12/13/2006 12/13/2015 $.01 PV COM STK 25,000 25,000 D
OPTION $7.15 12/13/2006 12/13/2015 $.01 PV CL B STK 9,375 9,375 D
OPTION $12.63 12/12/2007 12/12/2016 $.01 PV COM STK 14,460 14,460 D
OPTION $12.63 12/12/2007 12/12/2016 $.01 PV CL B STK 5,422 5,422 D
OPTION $28.95 12/19/2008 12/19/2017 $.01 PV COM STK 6,680 6,680 D
OPTION $28.95 12/19/2008 12/19/2017 $.01 PV CL B STK 2,505 2,505 D
OPTION $7.16 12/09/2009 12/09/2018 $.01 PV COM STK 37,440 37,440 D
OPTION $7.16 12/09/2009 12/09/2018 $.01 PV CL B STK 3,744 3,744 D
OPTION $7.15 12/03/2010 12/03/2019 $.01 PV COM STK 37,480 37,480 D
OPTION $7.15 12/03/2010 12/03/2019 $.01 PV CL B STK 3,748 3,748 D
OPTION $19.33 12/02/2011 12/02/2020 $.01 PV COM STK 14,700 14,700 D
OPTION $19.33 12/02/2011 12/02/2020 $.01 PV CL B STK 1,470 1,470 D
OPTION $34.24 12/01/2012 12/01/2021 $.01 PV COM STK 10,700 10,700 D
Explanation of Responses:
Remarks:
/S/DAVID C. BURNEY, AS POWER OF ATTORNEY FOR PETER J. GUNDERMANN 04/23/2012
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.