Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Esquivel Mark A
2. Date of Event Requiring Statement (Month/Day/Year)
04/06/2015
3. Issuer Name and Ticker or Trading Symbol
PARK ELECTROCHEMICAL CORP [PKE]
(Last)
(First)
(Middle)
48 SOUTH SERVICE ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President - Aerospace
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MELVILLE, NY 11747
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 0
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Right to buy options (1) 08/15/2008 08/15/2017 Common Stock 500 $ 26.28 D  
Right to buy option (2) 10/05/2014 10/05/2021 Common Stock 2,500 $ 18.19 D  
Right to buy option (3) 09/04/2014 09/04/2022 Common Stock 2,625 $ 21.98 D  
Right to buy option (1) 02/26/2015 02/26/2024 Common Stock 3,500 $ 25.88 D  
Right to buy option (1) 03/02/2016 03/02/2025 Common Stock 4,500 $ 21.71 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Esquivel Mark A
48 SOUTH SERVICE ROAD
MELVILLE, NY 11747
      Vice President - Aerospace  

Signatures

Stephen E. Gilhuley 04/16/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) 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 succeeding three anniversaries of such date.
(2) Option is exercisable, commencing on the date indicated, as to 50% of the aggregate number of shares listed and as to an additional 50% of such shares on the succeeding anniversary of such date.
(3) Option is exercisable, commencing on the date indicated, as to 875 of the shares listed and as to an additional 875 of such shares on each of the succeeding two anniversaries of such date.

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