CPI AEROSTRUCTURES INC — Director's Dealing 2011

Mar 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPI AEROSTRUCTURES INC (CVU)
CIK: 0000889348
Period of Report: 2011-03-24

Reporting Person: PAULICK WALTER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-24	Common Stock	M	10000	$7.95	Acquired	21000	Direct
2011-03-24	Common Stock	F	5732	$13.87	Disposed	15268	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-24	Stock Options (right to buy)	$7.95	M	10000	Disposed	2011-03-31	Common Stock (10000)	Direct