DAVID C BURNEY FORM 3

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FORM 3

 

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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 of Section 30(f) of the Investment Company Act of 1940

1.  Name and address of Reporting Person*

Burney David Charles

2.  Date of Event
     Requiring Statement
     (Month/Date/Year)
03/14/03

 4.  Issuer Name and Ticker or Trading Symbol

ASTRONICS CORPORATION (ATRO)
(Last)                     (First)                (Middle)

111 Pinewood Drive

 3.  I.R.S. Identification
     Number of Reporting
     Person, if an Entity
     (Voluntary)

 

 5.  Relationship of Reporting Person to Issuer
     (Check all applicable)

[     ] Director              [  ] 10% Owner
    [ X ] Officer (give         [  ] Other (specify
            title below)                 below)
Vice President - Finance, Treasurer

 6.  If Amendment, Date of
     Original
     (Month/Date/Year)		 7.  Individual or
     Joint/Group Filing
     (Check applicable box)

[ X ]  Form filed by One
      Reporting Person
[  ]  Form filed by more
       than one Reporting
       person

(Street)

West Seneca, NY  14224
(City)                   (State)                  (Zip)

 

Table 1 - Non-Derivative Securities Beneficially Owned
1.  Title of Security
     (Instr. 4)		 2.  Amount of Securities
     Beneficially Owned
     (Instr. 4)		 3.  Ownership Form:
     Direct (D) or Indirect (I)
     (Instr. 5) 		4.  Nature of Indirect Beneficial Ownership
     (Instr. 5)
$.01 Value Common Stock 2027 D  
$.01 Value Class B Stock 743 D  
       
       
       

(over)

Reminder:  Report on a separate line for each class of securities beneficially owned directly or indirectly.
                                                                           (Print or Type Responses)
*If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v).

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.

 

 

Form 3 (continued)            Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1.  Title of Derivative Security
     (Instr. 4)		 2.  Date Exercisable and
     Expiration Date
     (Month/Date/Year)		 3.  Title and Amount of Securities Underlying
     Derivative Security
     (Instr. 4)

 

 4.  Conversion or
     Exercise Price
     of Derivative
     Security		 5.  Ownership
     Form of
     Derivative
     Security:
     Direct (D)
     or Indirect (I)
     (Instr. 5)		 6.  Nature of Indirect
     Beneficial Ownership
     (Inst. 5)
Date
Exercisable		 Expiration
Date

Title

 Amount or
Number of
Shares
Option

11/04/99

11/04/08

 $.01 PV Common Stock 2019 $4.794 D  
Option 11/04/99 11/04/08 $.01 PV Class B Stk 757 $4.794 D  
Option 01/18/00 01/18/09 $.01 PV Common Stock 2019 $4.761 D  
Option 01/18/00 01/18/09 $.01 PV Class B Stock 757 $4.761 D  
Option 01/18/01 01/18/10 $.01 PV Common Stock 1346 $5.672 D  
Option 01/18/01 01/18/10 $.01 PV Class B Stock 505 $5.672 D  
Option 01/19/02 01/19/11 $.01 PV Common Stock 1346 $7.056 D  
Option 01/19/02 01/19/11 $.01 PV Class B Stock 337 $7.056 D  
Option 01/25/03 01/25/12 $.01 PV Common Stock 1346 $9.433 D  
Option 01/24/04 01/24/13 $.01 PV Common Stock 4039 $4.917 D  

Explanation of Responses:

**  Intentional misstatements or omissions of facts constitute Federal Criminal Violations
     See 18 U.S.C. 1001 and 15 U.S.C/ 78ff(a).

/s/ David C. Burney
**Signature of Reporting Person

March 20, 2003
Date
     
Note:  File three copies of this Form, one of which must be manually signed.  If space provided is insufficient,
See Instruction 6 for procedure.