AAR CORP — Director's Dealing 2012

Dec 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2012-12-21

Reporting Person: FOGLEMAN RONALD R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-21	Common Stock	M	3500	$6.96	Acquired	22572.3994	Direct
2012-12-21	Common Stock	S	3500	$18.2788	Disposed	19072.3994	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-21	Stock Option	$6.96	M	3500	Disposed	2013-07-21	Common Stock (3500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Footnotes

F1: The option vests in four equal installments beginning on July 21, 2004.