BRIAN E. SHORE - 03 Aug 2021 Form 4 Insider Report for PARK AEROSPACE CORP (PKE)

Role
Board Chairman & CEO, Director
Signature
/s/ P. Matthew Farabaugh, by Power of Attorney
Issuer symbol
PKE
Transactions as of
03 Aug 2021
Net transactions value
-$90,722
Form type
4
Filing time
04 Aug 2021, 16:58:12 UTC
Next filing
14 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKE Common Stock Options Exercise $347,900 +35,000 +6% $9.94 616,744 03 Aug 2021 Direct
transaction PKE Common Stock Sale $438,622 -29,125 -4.7% $15.06 587,619 03 Aug 2021 Direct F4
holding PKE Common Stock 56,205 03 Aug 2021 Brian Shore Trust u/w/o Cecile Shore Art VII.A.3 F1
holding PKE Common Stock 56,205 03 Aug 2021 Peter Shore Trust u/w/o Cecile Shore Art VII.A.3 F2
holding PKE Common Stock 56,205 03 Aug 2021 Robin Shore Trust u/w/o Cecile Shore Art VII.A.3 F2
holding PKE Common Stock 85,427 03 Aug 2021 Brian Shore Trust u/w/o Jerry Shore Art VII.A.3 F1
holding PKE Common Stock 85,427 03 Aug 2021 Peter Shore Trust u/w/o Jerry Shore Art VII.A.3 F2
holding PKE Common Stock 85,427 03 Aug 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 -35,000 -100% $0.000000* 0 03 Aug 2021 Common Stock 35,000 $9.94 Direct F3
holding PKE Right to buy option 35,000 03 Aug 2021 Common Stock 35,000 $12.00 Direct F3
holding PKE Right to buy option 35,000 03 Aug 2021 Common Stock 35,000 $17.63 Direct F3
holding PKE Right to buy option 30,000 03 Aug 2021 Common Stock 30,000 $13.46 Direct F3
holding PKE Right to buy option 35,000 03 Aug 2021 Common Stock 35,000 $6.23 Direct F3
holding PKE Right to buy option 25,000 03 Aug 2021 Common Stock 25,000 $15.44 Direct F3
holding PKE Right to buy option 30,000 03 Aug 2021 Common Stock 30,000 $12.58 Direct F3
holding PKE Right to buy option 30,000 03 Aug 2021 Common Stock 30,000 $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.