CPI AEROSTRUCTURES INC — Director's Dealing 2003

Sep 4, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPI AEROSTRUCTURES INC (CVU)
CIK: 0000889348
Period of Report: 2003-09-02

Reporting Person: MCSWEENEY KENNETH (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-02	Common Stock	M	5000	$1.65	Acquired	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-02	Stock Option (Right to buy)	$1.65	M	5000	Disposed	2007-02-01	Common Stock (5000)	Direct