PARK AEROSPACE CORP — Director's Dealing 2008

May 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK ELECTROCHEMICAL CORP (PKE)
CIK: 0000076267
Period of Report: 2007-11-15

Reporting Person: Farabaugh P. Matthew (Vice President and Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-15	Right to buy option	$30.64	A	4000	Acquired	2017-11-15	Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3493	Indirect

Footnotes

F1: Option is exercisable, commencing on the date indicated, as to 25% of the aggregate number of shares listed and as to an additonal 25% of such shares on each succeeding anniversary of such date.