AAR CORP — Director's Dealing 2013

Jul 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2013-07-11

Reporting Person: STORCH DAVID P (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-11	Common Stock	M	27607	$17.97	Acquired	885199	Direct
2013-07-11	Common Stock	F	23647	$24.63	Disposed	861552	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-11	Stock Option	$17.97	M	27607	Disposed	2013-07-21	Common Stock (27607)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50000	Indirect
Common Stock	1125	Indirect
Common Stock	900	Indirect
Common Stock	18810	Indirect
Common Stock	250000	Indirect

Footnotes

F1: Option would have expired on 7/21/13 if not exercised.

F2: Non-market transaction with the Company exempt under Rule 16b-3 involving the withholding of shares to pay the exercise price and applicable taxes.

F3: Mr. Storch is Trustee and beneficiary of this Trust.