CPI AEROSTRUCTURES INC — Director's Dealing 2012

Jun 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPI AEROSTRUCTURES INC (CVU)
CIK: 0000889348
Period of Report: 2012-06-08

Reporting Person: McCrosson Douglas (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-08	Common Stock	M	50000	$6.97	Acquired	53209	Direct
2012-06-08	Common Stock	S	50000	$12.00	Disposed	3209	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-08	Option to purchase common shares	$6.97	M	50000	Disposed	2013-05-04	Common Stock (50000)	Direct

Footnotes

F1: This option vested as to 25,000 shares on May 5, 2004 and as to the remaining 25,000 shares on May 5, 2005.