Sec Form 4 Filing - KRAMER JAMES S @ ASTRONICS CORP - 2018-10-12

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person KRAMER JAMES S 2. Issuer Name and Ticker or Trading Symbol ASTRONICS CORP [ ATRO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Executive Vice President (Last) (First) (Middle) 130 COMMERCE WAY 3. Date of Earliest Transaction (MM/DD/YY) 10/12/2018 (Street) EAST AURORA, NY14052 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 42,832 D $.01 PV Class B Stock 10/12/2018 J( 1 ) 54,429 A $ 0 374,458 D $.01 PV Common Stock 220 I By Spouse ( 2 ) $.01 PV Class B Stock 10/12/2018 J( 1 ) 136 A $ 0 822 I By Spouse ( 2 ) $.01 PV Common Stock 787 I JAMES SHORE KRAMER CUST FOR LEAH JANE KRAMER ( 3 ) $.01 PV Class B Stock 10/12/2018 J( 1 ) 136 A $ 0 254 I JAMES SHORE KRAMER CUST FOR LEAH JANE KRAMER ( 3 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 $ 2.84 12/03/2010 12/03/2019 $.01 PV Com Stk 11,750 11,750 D Option $ 2.84 10/12/2018 J( 1 ) 4,246 12/03/2010 12/03/2019 $.01 PV Cl B Stk 20,803 $ 0 20,803 D Option $ 7.68 12/02/2011 12/02/2020 $.01 PV Com Stk 4,350 4,350 D Option $ 7.68 10/12/2018 J( 1 ) 1,572 12/02/2011 12/02/2020 $.01 PV Cl B Stk 7,701 $ 0 7,701 D Option $ 13.59 12/01/2012 12/01/2021 $.01 PV Com Stk 3,200 3,200 D Option $ 13.59 10/12/2018 J( 1 ) 1,051 12/01/2012 12/01/2021 $.01 PV Cl B Stk 4,859 $ 0 4,859 D Option $ 9.2 11/29/2013 11/29/2022 $.01 PV Com Stk 5,700 5,700 D Option $ 9.2 10/12/2018 J( 1 ) 1,628 11/29/2013 11/29/2022 $.01 PV Cl B Stk 6,783 $ 0 6,784 D Option $ 28.45 12/11/2014 12/11/2023 $.01 PV Com Stk 2,330 2,330 D Option $ 28.45 10/12/2018 J( 1 ) 554 12/11/2014 12/11/2023 $.01 PV Cl B Stk 1,922 $ 0 1,923 D Option $ 30.83 12/11/2015 12/11/2024 $.01 PV Com Stk 2,720 2,720 D Option $ 30.83 10/12/2018 J( 1 ) 540 12/11/2015 12/11/2024 $.01 PV Cl B Stk 1,417 $ 0 1,417 D Option $ 27.72 12/03/2016 12/03/2025 $.01 PV Com Stk 3,500 3,500 D Option $ 27.72 10/12/2018 J( 1 ) 604 12/03/2016 12/03/2025 $.01 PV Cl B Stk 1,129 $ 0 1,129 D Option $ 31.76 12/14/2017 12/14/2026 $.01 PV Com Stk 3,670 3,670 D Option $ 31.76 10/12/2018 J( 1 ) 551 12/14/2017 12/14/2026 $.01 PV Cl B Stk 551 $ 0 551 D Option $ 35.61 12/12/2018 12/12/2027 $.01 PV Com Stk 5,340 5,340 D Option $ 35.61 10/12/2018 J( 1 ) 801 12/12/2018 12/12/2027 $.01 PV Cl B Stk 801 $ 0 801 D Restricted Stock Unit ( 4 ) ( 5 ) ( 5 ) $.01 PV Com Stk 920 920 D Restricted Stock Unit ( 6 ) 10/12/2018 J( 1 ) 138 ( 5 ) ( 5 ) $.01 PV Cl B Stk 138 $ 0 138 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KRAMER JAMES S 130 COMMERCE WAY EAST AURORA, NY14052 Executive Vice President Signatures /s/Julie Davis, as Power of Attorney for James S. Kramer 10/16/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares issued pursuant to a three-for-twenty distribution of Class B stock to holders of both Common and Class B stock on the record date of October 12, 2018. ( 2 )Mr. Kramer disclaims any beneficial interest in the shares owned by his wife. ( 3 )Represents shares held by James Shore Kramer Cust for Leah Jane Kramer. The beneficiary is the reporting person's immediate family. ( 4 )Each restricted stock unit represents the right to receive, at settlement, one share of common stock. ( 5 )Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2018- December 31, 2020. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2020, with the vesting percentage determined based on actual performance. ( 6 )Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock.

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.