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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

PEABODY MARK
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)
VP Astronics Advanced Electron
(Last)          (First)          (Middle)

130 COMMERCE WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

2/26/2021
(Street)

EAST AURORA, NY 14052
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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         24959 D  
$.01 PV Class B Stock         198314 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option $13.59           12/1/2012 12/1/2021 $.01 PV Com Stk 4300  4300 D  
Option $13.59           12/1/2012 12/1/2021 $.01 PV Cl B Stk 6530  6530 D  
Option $9.20           11/29/2013 11/29/2022 $.01 PV Com Stk 7400  7400 D  
Option $9.20           11/29/2013 11/29/2022 $.01 PV Cl B Stk 8807  8807 D  
Option $28.45           12/11/2014 12/11/2023 $.01 PV Com Stk 2990  2990 D  
Option $28.45           12/11/2014 12/11/2023 $.01 PV Cl B Stk 2467  2467 D  
Option $30.83           12/11/2015 12/11/2024 $.01 PV Com Stk 3470  3470 D  
Option $30.83           12/11/2015 12/11/2024 $.01 PV Cl B Stk 1807  1807 D  
Option $27.72           12/3/2016 12/3/2025 $.01 PV Com Stk 4500  4500 D  
Option $27.72           12/3/2016 12/3/2025 $.01 PV Cl B Stk 1451  1451 D  
Option $31.76           12/14/2017 12/14/2026 $.01 PV Com Stk 4820  4820 D  
Option $31.76           12/14/2017 12/14/2026 $.01 PV Cl B Stk 723  723 D  
Option $35.61           12/12/2018 12/12/2027 $.01 PV Com Stk 7010  7010 D  
Option $35.61           12/12/2018 12/12/2027 $.01 PV Cl B Stk 1052  1052 D  
Restricted Stock Unit  (1)           (2) (2)$.01 PV Com Stk 1205  1205 D  
Restricted Stock Unit  (3)           (2) (2)$.01 PV Cl B Stk 180  180 D  
Option $31.57           12/13/2019 12/13/2028 $.01 PV Com Stk 9280  9280 D  
Restricted Stock Unit  (1)           (4) (4)$.01 PV Com Stk 1220  1220 D  
Option $30.04           12/9/2020 12/9/2029 $.01 PV Com Stk 13600  13600 D  
Restricted Stock Unit  (1)           (5) (5)$.01 PV Com Stk 6625  6625 D  
Option $14.45           1/22/2022 1/22/2031 $.01 PV Com Stk 20250  20250 D  
Restricted Stock Unit  (1)2/26/2021  A   886     (6) (6)$.01 PV Com Stk 886 $0.00 886 D  
Restricted Stock Unit  (1)2/26/2021  A   9825     (7) (7)$.01 PV Com Stk 9825 $0.00 9825 D  

Explanation of Responses:
(1) Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
(2) 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.
(3) Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock.
(4) Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period of January 1, 2019-December 31, 2021. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2021, with the vesting percentage determined based on actual performance.
(5) Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2020- December 31, 2022. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2022, with the vesting percentage determined based on actual performance.
(6) These restricted stock units vest ratably on each anniversary of the grant date over three years.
(7) Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2021- December 31, 2023. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on December 31, 2022, with the vesting percentage determined based on actual performance.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
PEABODY MARK
130 COMMERCE WAY
EAST AURORA, NY 14052


VP Astronics Advanced Electron

Signatures
/s/Julie Davis, as Power of Attorney for Mark Peabody3/2/2021
**Signature of Reporting PersonDate

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