AAR CORP — Director's Dealing 2012

Jun 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2012-06-01

Reporting Person: WALFISH MARC JAY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-01	Common Stock	A	5000	—	Acquired	30157.5878	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-01	Phantom Stock	$11.56	A	1081	Acquired	2024-09-30	Common Stock (1081)	Direct

Footnotes

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

F2: Phantom stock units are payable in stock on a 1-for-1 basis or cash at the grantee's election upon retirement/termination as a director.