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CPI AEROSTRUCTURES INC Director's Dealing 2016

Jul 11, 2016

34768_dirs_2016-07-11_bfff5c0e-36bb-4a86-abdb-c53f9a778f99.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPI AEROSTRUCTURES INC (CVU)
CIK: 0000889348
Period of Report: 2016-07-01

Reporting Person: STINSON TERRY DEAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-07-01 Common Stock M 2905 Acquired 19787 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-07-01 Restricted Stock Unit $ M 2905 Disposed Common Stock (2905) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of common stock of CPI Aerostructures, Inc.

F2: The restricted stock units vest in three installments of 2,905, 2,905 and 2,904 on April 1, 2016, July 1, 2016 and October 3, 2016, respectively. Vested shares will be promptly delivered to the reporting person.