Ownership Submission
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

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GUNDERMANN PETER J
  2. Issuer Name and Ticker or Trading Symbol
ASTRONICS CORP [ATRO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President/CEO
(Last)
(First)
(Middle)
130 COMMERCE WAY
3. Date of Earliest Transaction (Month/Day/Year)
12/12/2006
(Street)

EAST AURORA, NY 14052
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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               120,111 D  
$.01 PV Class B Stock               50,450 D  
$.01 PV Common Stock               6,114 I By Spouse (1)
$.01 PV Class B Stock               3,064 I By Spouse (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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 $ 17.36 12/12/2006   A   14,460   12/12/2007 12/12/2016 $.01 PV Com Stk 14,460 $ 0 14,460 D  
Option $ 6.146             01/18/2001 01/18/2010 $.01 PV Com Stk 11,183   11,183 D  
Option $ 6.146             01/18/2001 01/18/2010 $.01 PV Cl B Stk 4,193   4,193 D  
Option $ 12.266             04/26/2002 04/26/2011 $.01 PV Com Stk 10,313   10,313 D  
Option $ 12.266             04/26/2002 04/26/2011 $.01 PV Cl B Stk 2,578   2,578 D  
Option $ 10.221             01/25/2003 01/25/2012 $.01 PV Com Stk 11,555   11,555 D  
Option $ 5.328             01/24/2004 01/24/2013 $.01 PV Com Stk 33,547   33,547 D  
Option $ 5.49             02/19/2005 02/19/2014 $.01 PV Com Stk 40,800   40,800 D  
Option $ 5.09             12/14/2005 12/14/2014 $.01 PV Com Stk 44,000   44,000 D  
Option $ 6.5             02/18/2006 02/18/2015 $.01 PV Com Stk 20,000   20,000 D  
Option $ 9.83             12/13/2006 12/13/2015 $.01 PV Com Stk 25,000   25,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GUNDERMANN PETER J
130 COMMERCE WAY
EAST AURORA, NY 14052
  X     President/CEO  

Signatures

 /s/David C. Burney, as Power of Attorney for Peter J. Gundermann   12/13/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Mr. Gundermann disclaims any beneficial interest in the shares owned by his wife.

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