Sec Form 4 Filing - SHORE BRIAN E @ PARK ELECTROCHEMICAL CORP - 2019-05-07

Insider filing report for Changes in Beneficial Ownership
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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
SHORE BRIAN E
2. Issuer Name and Ticker or Trading Symbol
PARK ELECTROCHEMICAL CORP [ PKE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Board Chairman and CEO
(Last) (First) (Middle)
PARK ELECTROCHEMICAL CORP., 48 S. SERVICE ROAD, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
05/07/2019
(Street)
MELVILLE, NY11747
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 425,305 D
Common Stock 728,599 I As co-executor of estate of Jerry Shore ( 1 )
Common Stock 168,615 I As co-executor of estate of Cecile Shore ( 2 )
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 ( 3 ) $ 16.44 05/07/2019 A 25,000 05/07/2020 05/07/2029 Common Stock 25,000 $ 0 25,000 D
Right to buy option ( 3 ) $ 13.69 10/14/2010 10/14/2019 Common Stock 35,000 35,000 D
Right to buy option ( 3 ) $ 10.94 10/05/2012 10/05/2021 Common Stock 35,000 35,000 D
Right to buy option ( 3 ) $ 13 10/24/2013 10/24/2022 Common Stock 35,000 35,000 D
Right to buy option ( 3 ) $ 18.63 02/26/2015 02/26/2024 Common Stock 35,000 35,000 D
Right to buy option ( 3 ) $ 14.46 03/02/2016 03/02/2025 Common Stock 30,000 30,000 D
Right to buy option ( 3 ) $ 7.23 01/12/2017 01/12/2026 Common Stock 35,000 35,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SHORE BRIAN E
PARK ELECTROCHEMICAL CORP.
48 S. SERVICE ROAD, SUITE 300
MELVILLE, NY11747
X Board Chairman and CEO
Signatures
Stephen E. Gilhuley, by Power of Attorney 05/09/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person is a co-executor of the estate of the late Jerry Shore, which holds 728,599 shares of the issuer's common stock. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
( 2 )On March 5, 2018, the reporting person became a co-executor of the estate of the late Cecile Shore, which holds 168,615 shares of the issuer's common stock. The exemption in Rule 16a-2(d)(1) for transactions during the twelve months following the appointment and qualification of executors or administrators of an estate of a decendent expired on March 5, 2019. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interests therein.
( 3 )Option is exercisable, commencing on the date indicate, as to 25% of the aggregate number of shares listed and as to an additional 25% of such shares on ezch of the succeeding three anniversaries of such date.

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