AIR T INC — Director's Dealing 2006

Aug 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR T INC (AIRT)
CIK: 0000353184
Period of Report: 2006-08-22

Reporting Person: Clark Walter (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-22	Common Stock	P	100	$7.98	Acquired	61022	Direct
2006-08-22	Common Stock	P	1500	$7.99	Acquired	62522	Direct
2006-08-22	Common Stock	P	3400	$8	Acquired	65922	Direct
2006-08-22	Common Stock	P	0	—	Acquired	76500	Indirect

Footnotes

F1: Shares held by the Estate of David Clark, of which Walter Clark is executor and beneficiary.