Brian E. Shore - Aug 3, 2021 Form 4 Insider Report for PARK AEROSPACE CORP (PKE)

Role
Board Chairman & CEO, Director
Signature
/s/ P. Matthew Farabaugh, by Power of Attorney
Stock symbol
PKE
Transactions as of
Aug 3, 2021
Transactions value $
-$90,723
Form type
4
Date filed
8/4/2021, 04:58 PM
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKE Common Stock Options Exercise $348K +35K +6.02% $9.94 617K Aug 3, 2021 Direct
transaction PKE Common Stock Sale -$439K -29.1K -4.72% $15.06 588K Aug 3, 2021 Direct F4
holding PKE Common Stock 56.2K Aug 3, 2021 Brian Shore Trust u/w/o Cecile Shore Art VII.A.3 F1
holding PKE Common Stock 56.2K Aug 3, 2021 Peter Shore Trust u/w/o Cecile Shore Art VII.A.3 F2
holding PKE Common Stock 56.2K Aug 3, 2021 Robin Shore Trust u/w/o Cecile Shore Art VII.A.3 F2
holding PKE Common Stock 85.4K Aug 3, 2021 Brian Shore Trust u/w/o Jerry Shore Art VII.A.3 F1
holding PKE Common Stock 85.4K Aug 3, 2021 Peter Shore Trust u/w/o Jerry Shore Art VII.A.3 F2
holding PKE Common Stock 85.4K Aug 3, 2021 Robin Shore Trust u/w/o Jerry Shore Art VII.A.3 F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PKE Right to buy option Sale $0 -35K -100% $0.00* 0 Aug 3, 2021 Common Stock 35K $9.94 Direct F3
holding PKE Right to buy option 35K Aug 3, 2021 Common Stock 35K $12.00 Direct F3
holding PKE Right to buy option 35K Aug 3, 2021 Common Stock 35K $17.63 Direct F3
holding PKE Right to buy option 30K Aug 3, 2021 Common Stock 30K $13.46 Direct F3
holding PKE Right to buy option 35K Aug 3, 2021 Common Stock 35K $6.23 Direct F3
holding PKE Right to buy option 25K Aug 3, 2021 Common Stock 25K $15.44 Direct F3
holding PKE Right to buy option 30K Aug 3, 2021 Common Stock 30K $12.58 Direct F3
holding PKE Right to buy option 30K Aug 3, 2021 Common Stock 30K $13.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is the beneficiary and, with his siblings, Peter Shore and Robin Shore, co-trustee of the trusts.
F2 The reporting person in co-trustee of the trusts with his siblings, Peter Shore and Robin Shore, who are beneficiaries of the trusts. The reporting person disclaims beneficial ownership of the shares held by the trusts except to the extent of his pecuniary interest therein.
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 of the succeding three anniversaries of such date.
F4 Shares sold to cover exercise price of the options exercised and the estimated taxes on the gain in order to achieve a cash neutral position.