AAR CORP — Director's Dealing 2012

Jul 25, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2012-07-17

Reporting Person: Holmes John McClain III (Group Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	42438	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$33.44	2017-06-01	Common Stock (4000)		Direct
Stock Option	$19.28	2018-06-01	Common Stock (2000)		Direct
Stock Option	$15.10	2019-07-13	Common Stock (2500)		Direct
Stock Option	$17.27	2020-07-11	Common Stock (6667)		Direct
Stock Option	$12.90	2022-07-16	Common Stock (25000)		Direct

Footnotes

F1: 42,000 shares of the initial balance consists of the following awards of stock pursuant to Restricted Stock Agreements in transactions exempt under Rule 16b-3: 6,000 shares granted 5/11/2007; 5,280 shares granted 5/31/2009; 10,720 shares granted 4/23/2010; 5,000 shares granted 7/12/2010; 10,000 shares granted 7/11/2011; and 5,000 shares granted 7/15/2011.

F2: The option vests in 20% increments starting on 6/1/09.

F3: The option vests in three equal installments starting 7/13/10.

F4: The option vests in three equal installments starting on 7/12/11.

F5: The option vests in 20% increments starting 7/16/2013.