AIR T INC — Director's Dealing 2014

Mar 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR T INC (AIRT)
CIK: 0000353184
Period of Report: 2014-03-27

Reporting Person: Simpson William H (Director, Executive VP)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-27	Stock option	$8.29	S	30000	Disposed	2016-08-15	Common Stock (30000)	Direct

Footnotes

F1: The options became exercisable with respect to 1/3 of the shares on 8/15/2007, with respect to another 1/3 of the shares on 08/15/2008 and with respect to the final 1/3 of the shares on 08/15/2009