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 * 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/YYYY)
6/3/2022
(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  6/3/2022    J(1)    210.899  A $0.00  54883.24  D   
$.01 PV Common Stock  8/31/2022    J(1)    245.37  A $0.00  55128.61  D   
$.01 PV Common Stock  12/9/2022    J(1)    217.304  A $0.00  55345.91  D   
$.01 PV Common Stock  12/13/2022    W    35555  D $0.00  19790.91  D   
$.01 PV Class B Stock  12/12/2022    W    279758  D $0.00  123342  D   
$.01 PV Common Stock  12/13/2022    W(2)    35555  A $0.00  35555  I  Estate executor James Kramer 
$.01 PV Class B Stock  12/12/2022    W(2)    279758  A $0.00  279758  I  Estate executor James Kramer 

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  $28.45                  12/11/2014  12/11/2023  $.01 PV Com Stk  2330    2330  D   
Option  $28.45                  12/11/2014  12/11/2023  $.01 PV Cl B Stk  1922    1923  D   
Option  $30.83                  12/11/2015  12/11/2024  $.01 PV Com Stk  2720    2720  D   
Option  $30.83                  12/11/2015  12/11/2024  $.01 PV Cl B Stk  1417    1417  D   
Option  $27.72                  12/3/2016  12/3/2025  $.01 PV Com Stk  3500    3500  D   
Option  $27.72                  12/3/2016  12/3/2025  $.01 PV Cl B Stk  1129    1129  D   
Option  $31.76                  12/14/2017  12/14/2026  $.01 PV Com Stk  3670    3670  D   
Option  $31.76                  12/14/2017  12/14/2026  $.01 PV Cl B Stk  551    551  D   
Option  $35.61                  12/12/2018  12/12/2027  $.01 PV Com Stk  5340    5340  D   
Option  $35.61                  12/12/2018  12/12/2027  $.01 PV Cl B Stk  801    801  D   
Option  $31.57                  12/13/2019  12/13/2028  $.01 PV Com Stk  7060    7060  D   
Option  $30.04                  12/9/2020  12/9/2029  $.01 PV Com Stk  13600    13600  D   
Restricted Stock Unit   (3)                  (4)  (4) $.01 PV Com Stk  6100    6100  D   
Option  $14.45                  1/22/2022  1/22/2031  $.01 PV Com Stk  20250    20250  D   
Restricted Stock Unit   (3)                  (5)  (5) $.01 PV Com Stk  349    349  D   
Restricted Stock Unit   (3)                  (6)  (6) $.01 PV Com Stk  7375    7375  D   
Option  $11.13                  12/9/2022  12/9/2031  $.01 PV COM STK  24500    24500  D   
Restricted Stock Unit   (3)                  (7)  (7) $.01 PV Com Stk  8850    8850  D   
Option  $9.74  12/16/2022    M     26700      12/16/2023  12/16/2032  $.01 PV Com Stk  26700  $9.74  26700  D   

Explanation of Responses:
(1)  Reflects issuer's contribution to the reporting person's account in the issuer stock fund included in the issuer's 401(k) plan. The shares are held in the 401(k) account.
(2)  Reflects shares previously reported as beneficially owned directly by Mr. Kramer, but are now held through an estate for which Mr. Kramer serves as executor. Mr. Kramer is expected to receive ownership of these shares once the estate is settled.
(3)  Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
(4)  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.
(5)  These restricted stock units vest ratably on each anniversary of the grant date over three years.
(6)  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, 2023, with the vesting percentage determined based on actual performance.
(7)  Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January1, 2022- December 31, 2024. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 24, 2025, with the vesting percentage determined based on actual performance.

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


Executive Vice President

Signatures
/s/Julie Davis, as Power of Attorney for James S. Kramer 12/20/2022
**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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