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REGISTRATION NO.
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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AAR CORP.
(Exact name of registrant as specified in its charter)
DELAWARE 36-2334820
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
ONE AAR PLACE 60191
1100 N. WOOD DALE ROAD (Zip code)
WOOD DALE, ILLINOIS
(Address of principal
executive offices)
AAR CORP. STOCK BENEFIT PLAN
(FORMERLY KNOWN AS AAR CORP. AMENDED STOCK
OPTION AND INCENTIVE PLAN)
(Full title of the plan)
HOWARD A. PULSIFER
VICE PRESIDENT, GENERAL COUNSEL & SECRETARY
ONE AAR PLACE
1100 N. WOOD DALE ROAD
WOOD DALE, ILLINOIS 60191
(Name and address of agent for service)
(630) 227-2000
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
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TITLE OF AMOUNT PROPOSED MAXIMUM PROPOSED MAXIMUM AMOUNT OF REGISTRATION
SECURITIES TO TO BE OFFERING PRICE PER UNIT AGGREGATE OFFERING PRICE FEE
BE REGISTERED REGISTERED (a) (a)
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Common Stock, $1.00 322,710 shares $26.5625 $8,571,984 $2,598
par value
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Common Stock 322,710 rights (b) (b) (b)
Purchase Rights
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(a) Estimated solely for purposes of calculating the registration fee in
accordance with Rule 457(c) under the Securities Act of 1933.
(b) Each unit consists of one share of Common Stock and one related Common Stock
Purchase Right. The Rights currently are not evidenced by separate certificates
and may not be transferred except upon transfer of the related shares. The
value attributable to the Common Stock Purchase Rights is reflected in the
market price of the Common Stock.
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GENERAL INSTRUCTIONS
E. REGISTRATION OF ADDITIONAL SECURITIES
Pursuant to General Instruction E of Form S-8, the contents of the Registration
Statement of Registrant on Form S-8, Registration No. 33-26783, filed by the
Registrant with the Securities and Exchange Commission on February 1, 1989,
registering its Common Stock, $1.00 par value per share, and its Common Stock
Purchase Rights, issuable pursuant to the AAR CORP. Stock Benefit Plan (formerly
known as the AAR CORP. Amended Stock Option and Incentive Plan), are hereby
incorporated by reference.
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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
All information required in this registration statement not included in the
Exhibits attached hereto or set forth on the signature page is set forth in the
Registration Statement of the Registrant on Form S-8 (Registration No. 33-26783)
which is incorporated herein by reference.
Item 8. Exhibits.
The Exhibits filed herein are set forth on the exhibit index filed as part of
this Registration Statement on page 6 hereof.
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POWER OF ATTORNEY
KNOWN BY ALL MEN BY THESE PRESENTS, that each of the persons signing this
Registration Statement as a director or officer, or both, of AAR CORP., a
Delaware corporation, hereby constitutes and appoints Ira A. Eichner, David P.
Storch, and Howard A. Pulsifer, and each of them, his true and lawful attorneys-
in-fact and agents, with full power of substitution and resubstitution, for him
and in his name, place and stead, in any and all capacities, to sign any and all
amendments to the Registration Statement, and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and
agents, and each of them, full power and authority to do and perform each and
every act and thing requisite or necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorneys-in-fact and agents or any of them, or their or his
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the Village of Elk Grove Village, State of Illinois, on
January 13, 1997.
AAR CORP.
By: /s/ David P. Storch
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David P. Storch
President and
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and
effective on the dates indicated.
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SIGNATURE TITLE DATE
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/s/ Ira A. Eichner Chairman of the Board; Director January 13, 1997
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Ira A. Eichner
/s/ David P. Storch President and Chief Executive January 13, 1997
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David P. Storch (Principal Executive Officer)
Vice President, Chief Financial January 13, 1997
/s/ Timothy J. Romenesko Officer & Treasurer
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Timothy J. Romenesko Accounting Officer)
/s/ A. Robert Abboud Director January 13, 1997
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A. Robert Abboud
/s/ Howard B. Bernick Director January 13, 1997
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Howard B. Bernick
/s/ Edgar D. Jannotta Director January 13, 1997
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Edgar D. Jannotta
/s/ Robert D. Judson Director January 13, 1997
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Robert D. Judson
/s/ Erwin E. Schulze Director January 13, 1997
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Erwin E. Schulze
/s/ Joel D. Spungin Director January 13, 1997
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Joel D. Spungin
/s/ Lee B. Stern Director January 13, 1997
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Lee B. Stern
/s/ Richard D. Tabery Director January 13, 1997
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Richard D. Tabery
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EXHIBIT INDEX
Item Exhibits
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4. Instruments 4.1 Instruments defining the rights of security
defining the holders are hereby incorporated by
rights of security reference as Exhibits to the Registrant's
holders Annual Report on Form 10-K for the fiscal
year ended May 31, 1996.
4.2 First and Second Amendment to AAR CORP.
Stock Benefit Plan dated July 29, 1997 and
January 2, 1997 are hereby incorporated by
reference as Exhibits to the Registrant's
Quarterly Report on Form 10-Q for the
quarter ended November 30, 1996.
5. Opinion re 5.1 Opinion of Mr. Howard A. Pulsifer, Vice
legality President, General Counsel and Secretary
(filed herewith, Page 7).
23. Consents 23.1 Consent of KPMG Peat Marwick LLP (filed
herewith, Page 8).
23.2 Consent of Mr. Howard A. Pulsifer, Vice
President, General Counsel and Secretary
(contained in opinion referred to in
Exhibit 5)
24. Power of The Power of Attorney immediately precedes the
Attorney signature page hereof (filed herewith, Page 4).
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January 13, 1997
EXHIBIT 5.1
AAR CORP.
1111 Nicholas Boulevard
Elk Grove Village, Illinois 60007
Re: AAR CORP. Registration Statement on Form S-8
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Gentlemen:
I am Vice President, General Counsel and Secretary of AAR CORP., a Delaware
corporation (the "Company"), and I am issuing this opinion in connection with
the Company's filing of a Registration Statement on Form S-8 (the "Registration
Statement") with the Securities and Exchange Commission covering certain shares
of the Company's common stock, $1.00 par value, and the associated common stock
purchase rights (collectively, the "Stock"), to be issued pursuant to the terms
of the AAR CORP. Stock Benefit Plan (formerly known as the AAR CORP. Amended
Stock Option and Incentive Plan, and referred to herein as the "Plan"). I have
examined the Restated Certificate of Incorporation and By-Laws of the Company,
each as heretofore amended, the Registration Statement, the Plan and such other
documents, records and data as I have deemed necessary or appropriate for the
purpose of this opinion.
Based on the foregoing, it is my opinion that when the Registration Statement
relating to the Stock is effective, the Stock, upon issuance thereof in
accordance with the terms of the Plan, will have been legally issued, fully paid
and non-assessable.
I hereby consent to the use of my name in the Prospectus and the filing of this
opinion as an exhibit to the Registration Statement.
Very truly yours,
/s/ Howard A. Pulsifer
Howard A. Pulsifer
Vice President, General
Counsel and Secretary
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EXHIBIT 23.1
The Board of Directors
AAR CORP.:
We consent to incorporation by reference in the Registration Statement on
Form S-8 of AAR CORP. of our report dated June 28, 1996, relating to the
consolidated balance sheets of AAR CORP. and subsidiaries as of May 31, 1996
and 1995, and the related consolidated statements of income, stockholders'
equity, and cash flows for each of the years in the three-year period ended
May 31, 1996, which report appears in the May 31, 1996 annual report on
Form 10-K of AAR CORP.
KPMG Peat Marwick LLP
Chicago, Illinois
February 17, 1997
