AAR CORP — Director's Dealing 2010

Jul 15, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2010-07-13

Reporting Person: Kleiman Dany (Group Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5790	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$17.27	2020-07-11	Common Stock (30000)		Direct

Footnotes

F1: Award of stock pursuant to Restricted Stock Agreement in transaction exempt under Rule 16b-3.

F2: Grantee may elect to pay the exercise price of the option or any tax withholding obligation in connection therewith by directing the Company to withhold a portion of the shares otherwise distributable to the grantee upon exercise or by transferring to the Company previously acquired shares, valued at their fair market value on such taxable date.

F3: The option vests in three equal installments beginning on 7/12/11.