PARK AEROSPACE CORP — Director's Dealing 2010

May 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK ELECTROCHEMICAL CORP (PKE)
CIK: 0000076267
Period of Report: 2010-05-11

Reporting Person: SHORE BRIAN E (Director, Boare Chairman, Pres. and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-11	Common Stock	M	21000	$15.92	Acquired	149472	Direct
2010-05-11	Common Stock	S	21000	$30.0039	Disposed	128472	Direct
2010-05-12	Common Stock	M	31800	$15.92	Acquired	160272	Direct
2010-05-12	Common Stock	S	31800	$30.0067	Disposed	128472	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-11	Right to buy option	$15.92	M	21000	Disposed	2010-05-22	Common Stock (21000)	Direct
2010-05-12	Right to buy option	$15.92	M	31800	Disposed	2010-05-22	Common Stock (31800)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Right to buy option	$23.6	2011-07-19	Common Stock (40000)	40000	Direct
Right to buy option	$29.05	2012-03-20	Common Stock (25000)	25000	Direct
Right to buy option	$19.95	2013-07-24	Common Stock (20000)	20000	Direct
Right to buy option	$23	2014-07-08	Common Stock (20000)	20000	Direct
Right to buy option	$24.56	2015-08-24	Common Stock (35000)	35000	Direct
Right to buy option	$25.35	2016-08-03	Common Stock (35000)	35000	Direct
Right to buy option	$30.28	2017-08-15	Common Stock (35000)	35000	Direct
Right to buy option	$27.1	2018-08-26	Common Stock (35000)	35000	Direct
Right to buy option	$24.94	2019-10-14	Common Stock (35000)	35000	Direct

Footnotes

F1: Weighted average selling price per share. Shares were sold in 114 transactions at prices ranging from $30.00 per share to $30.03 per share.

F2: Weighted average selling price per share. Shares were sold in 119 transactions at prices ranging from $30.00 per share to $30.05 per share.

F3: Option is exercisable,commencing on the date indicated, as to 25% of the aggregate number of shares listed and as to an additional 25% of such shares on each succeeding anniversary of such date.