SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Malik Aslam (Last) (First) (Middle) C/O 3883 HOWARD HUGHES PKWY SUITE 700 (Street) LAS VEGAS NV 89169 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol AMERICAN PACIFIC CORP [ APFC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP & President-AFC
	3. Date of Earliest Transaction (Month/Day/Year) 02/24/2014
	4. If Amendment, Date of 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

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	02/24/2014		M		5,000	A	$11.25	27,318(1)	D
Common Stock	02/24/2014		M		5,000	A	$7.15	32,318(1)	D
Common Stock	02/24/2014		M		3,334	A	$7.61	35,652(1)	D
Common Stock	02/24/2014		M		624	A	$11.93	36,276(1)	D
Common Stock								5,000	I	Plan(2)
Common Stock								7,556	I	Plan(3)

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 Securities Underlying Derivative Security (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: 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 (Right to Buy)	$4.21							(4)	11/30/2015	Common Stock	7,500		7,500	D
Stock Option (Right to Buy)	$11.25	02/24/2014		M			5,000	(5)	11/03/2018	Common Stock	5,000	$0.00	0	D
Stock Option (Right to Buy)	$7.15	02/24/2014		M			5,000	(6)	11/10/2019	Common Stock	5,000	$0.00	0	D
Stock Option (Right to Buy)	$7.61	02/24/2014		M			3,334	(7)	12/13/2021	Common Stock	5,000	$0.00	1,666	D
Stock Option (Right to Buy)	$11.93	02/24/2014		M			624	(8)	12/11/2022	Common Stock	1,872	$0.00	1,248	D
Stock Option (Right to Buy)	$40.19							(9)	12/10/2023	Common Stock	570		570	D

Explanation of Responses:

1. Of the amount of shares beneficially owned 5,552 shares shares represent unvested awards of restricted stock, of which, 2,678 shares are subject to time-vesting as follows: 547 shares vest in three equal annual installments beginning 12/10/2014, 1,131 shares vest in two equal annual installments beginning 12/11/2014, and 1,000 shares vest on 12/13/2014; and 2,874 shares are subject to vesting based upon the Company's satisfaction of certain performance objectives from 10/1/2013 through 9/30/2015.

2. For the benefit of the Reporting Person. Shares are held by an Institutional Fidcuiary in the GenCorp Qualified Section 401(k) Plan.

3. The Reporting Person holds shares in the American Pacific Corporation 401(k) Plan. The information in this report is based on a plan statement dated as of January 8, 2014.

4. The option is fully exercisable, and vested in two equal annual installments beginning on 11/30/2005.

5. The option is fully exercisable, and vested in three equal annual installments beginning on 11/3/2009.

6. The option vests in three equal annual installments beginning on 11/10/2010.

7. The options vest in three equal annual installments beginning on 12/13/2012.

8. The option vests in three equal annual installments beginning on 12/11/2013.

9. The option vests in three equal annual installments beginning 12/10/2014.

Remarks:

	Aslam Malik	02/25/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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