CVD EQUIPMENT CORP — Director's Dealing 2011

Feb 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CVD EQUIPMENT CORP (CVV)
CIK: 0000766792
Period of Report: 2011-01-18

Reporting Person: GUNTHER CONRAD J JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-18	Common Stock	A	1800	$7.9	Acquired	33000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-18	Option to purch common stock	$7.9	M	2800	Acquired	2021-01-18	Common Stock (2800)	Direct

Footnotes

F1: Common stock issued pursuant to the Corporation's 2007 Share Incentive Plan, vests as to 450 shares on each of January 18, 2011, April 18, 2011, July 15, 2011 and October 17, 2011.

F2: Options issued pursuant to the Corporation's 2001 Stock Option Plan, vest as to 700 shares on each of January 18, 2011, April 18, 2011, July 15, 2011 and October 17, 2011.