FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * STORCH DAVID P   2. Issuer Name and Ticker or Trading Symbol AAR CORP [AIR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman & CEO (Last) (First) (Middle) 1100 WOOD DALE ROAD 3. Date of Earliest Transaction (Month/Day/Year) 04/13/2015 (Street) WOOD DALE, IL 60191 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/13/2015   M   81,698 A $ 15.1 906,815 D   Common Stock 04/13/2015   S   81,698 D $ 30.4938 825,117 D   Common Stock 04/14/2015   M   84,163 A $ 17.27 990,978 D   Common Stock 04/14/2015   M   57,600 A $ 12.9 1,048,578 D   Common Stock 04/14/2015   M   118,302 A $ 15.1 1,166,880 D   Common Stock 04/14/2015   F   191,493 D $ 30.45 975,387 D   Common Stock 04/14/2015   G V 3,250 D $ 0 972,137 D   Common Stock 04/15/2015   S   37,306 D $ 30.1338 934,831 D   Common Stock               50,000 I By Dps Asset Management Llc Common Stock               76,738 I by GRAT Common Stock               2,025 I By Lorraine Revocable Trust Common Stock               100,973 I by Power of Attorney Common Stock               18,810 I By Wife Common Stock               250,000 I Storch Family 2012 Dynasty Trust (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option

$ 15.1

04/13/2015

M

81,698

07/13/2010

07/13/2019

Common Stock

81,698

$ 0

118,302

D

Stock Option

$ 17.27

04/14/2015

M

84,163

07/12/2011

07/11/2020

Common Stock

84,163

$ 0

0

D

Stock Option

$ 12.9

04/14/2015

M

57,600

07/16/2013

07/16/2022

Common Stock

57,600

$ 0

86,400

D

Stock Option

$ 15.1

04/14/2015

M

118,302

07/13/2010

07/13/2019

Common Stock

118,302

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
STORCH DAVID P 1100 WOOD DALE ROAD WOOD DALE, IL 60191	X		Chairman & CEO

Signatures

/s/ Jo-Ellen Kiddie, Power of Attorney		04/15/2015
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Mr. Storch is Trustee and beneficiary of this Trust.

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