AAR CORP — Director's Dealing 2014

Jul 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2014-07-24

Reporting Person: Holmes John McClain III (Aviation Services Group VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-24	Common Stock	M	5000	$12.90	Acquired	32218	Direct
2014-07-24	Common Stock	S	5000	$27.4806	Disposed	27218	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-24	Stock Option	$12.90	M	5000	Disposed	2022-07-16	Common Stock (5000)	Direct

Footnotes

F1: The option vests in 20% increments starting 7/16/2013.