Sec Form 4 Filing - SPOONER THOMAS T @ PARK ELECTROCHEMICAL CORP - 2003-07-24

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person SPOONER THOMAS T 2. Issuer Name and Ticker or Trading Symbol PARK ELECTROCHEMICAL CORP [ PKE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Sr.VP Corp & Tech Devpmt. (Last) (First) (Middle) 3. Date of Earliest Transaction (MM/DD/YY) 07/24/2003 (Street) 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/24/2003 J( 1 ) 0 A $ 0 270 D Common Stock 07/24/2003 J( 1 ) 0 A $ 0 72 I Employee Stock Purchase Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Right to buy option ( 2 ) $ 19.95 07/24/2003 A 5,000 07/24/2004 07/24/2013 Common Stock 5,000 $ 0 5,000 D Right to buy option $ 16.42 07/24/2003 J( 1 ) 0 05/14/2000 05/14/2006 Common Stock 470 $ 0 470 D Right to buy option ( 3 ) $ 15.83 07/24/2003 J( 1 ) 0 05/22/2000 05/22/2007 Common Stock 1,125 $ 0 1,125 D Right to buy option ( 4 ) $ 15.83 07/24/2003 J( 1 ) 0 05/28/2000 05/28/2008 Common Stock 2,250 $ 0 2,250 D Right to buy option ( 2 ) $ 16.54 07/24/2003 J( 1 ) 0 06/15/2000 06/15/2009 Common Stock 22,500 $ 0 22,500 D Right to buy option ( 2 ) $ 15.92 07/24/2003 J( 1 ) 0 05/22/2001 05/22/2010 Common Stock 11,250 $ 0 11,250 D Right to buy option ( 2 ) $ 23.6 07/24/2003 J( 1 ) 0 07/19/2002 07/19/2011 Common Stock 10,000 $ 0 10,000 D Right to buy option ( 2 ) $ 29.05 07/24/2003 J( 1 ) 0 03/20/2003 03/20/2012 Common Stock 10,000 $ 0 10,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SPOONER THOMAS T Sr.VP Corp & Tech Devpmt. Signatures Stephen E. Gilhuley, by power of attorney 07/28/2003 Signature of Reporting Person Date

Explanation of Responses:

( 1 )No transaction is being reported. ( 2 )Option is exercisable as to 25% of the shares listed on the date indicated and as to an additional 25% of such shares on each succeeding anniversary of such date. ( 3 )Option is exercisable as to 562 shares on date indicated and as to 563 shares on 5/22/01. ( 4 )Option is exercisable as to 750 shares on date indicated, 750 shares on 5/28/01 and 750 shares on 5/28/02.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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