CPI AEROSTRUCTURES INC — Director's Dealing 2009

Dec 21, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPI AEROSTRUCTURES INC (CVU)
CIK: 0000889348
Period of Report: 2009-12-17

Reporting Person: FRED EDWARD J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-17	Common Stock	M	60000	$2.53	Acquired	85364	Direct
2009-12-17	Common Stock	F	25300	$6.00	Disposed	60064	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-17	Employee Stock Options (Right to Buy)	$2.53	M	60000	Disposed	2009-12-31	Common Stock (60000)	Direct