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)

5/24/2019
(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   5/24/2019     S (1)    2000   D $41.43   20761   D    
$.01 PV Class B Stock                  156992   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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 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 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                    12/3/2010   12/3/2019   $.01 PV Com Stk   16840     16840   D    
Option   $2.84                    12/3/2010   12/3/2019   $.01 PV Cl B Stk   29814     29814   D    
Option   $7.68                    12/2/2011   12/2/2020   $.01 PV Com Stk   6500     6500   D    
Option   $7.68                    12/2/2011   12/2/2020   $.01 PV Cl B Stk   11508     11508   D    
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     (2)                    (3)   (3) $.01 PV Com Stk   1205     1205   D    
Restricted Stock Unit     (4)                    (3)   (3) $.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     (2)                    (5)   (5) $.01 PV Com Stk   1220     1220   D    

Explanation of Responses:
(1)  Shares sold pursuant to a 10b5-1 trading plan.
(2)  Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
(3)  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.
(4)  Each restricted stock unit represents the right to receive, at settlement, one share of Class B stock.
(5)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
PEABODY MARK
130 COMMERCE WAY
EAST AURORA, NY 14052


VP Astronics Advanced Electron

Signatures
/s/Julie Davis, as Power of Attorney for Mark Peabody 5/28/2019
** 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 control number.
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