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
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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*
KIENZLE CHARLES M

(Last) (First) (Middle)
2750 REGENT BOULEVARD

(Street)
DFW AIRPORT TX 75261

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AVIALL INC [ AVL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP of Operations
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2005
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 05/11/2005 G(1) V 160 D (2) 22,860 D
Common Stock 05/11/2005 G(1) V 160 A (2) 160 I By Son
Common Stock 05/12/2005 M 7,400 A $14.7813 30,260 D
Common Stock 05/12/2005 S 4,000 D $30 26,260 D
Common Stock 05/12/2005 S 400 D $30.04 25,860 D
Common Stock 05/12/2005 S 2,300 D $30.1 23,560 D
Common Stock 05/12/2005 S 700 D $30.22 22,860 D
Common Stock 05/13/2005 M 12,200 A $14.7813 35,060 D
Common Stock 05/13/2005 M 25,961 A $11.0625 61,021 D
Common Stock 05/13/2005 M 16,667 A $8.9375 77,688 D
Common Stock 05/13/2005 M 15,675 A $6.1875 93,363 D
Common Stock 05/13/2005 M 11,305 A $7.1 104,668 D
Common Stock 05/13/2005 S 65,100 D $30 39,568 D
Common Stock 05/13/2005 S 5,000 D $30.02 34,568 D
Common Stock 05/13/2005 S 100 D $30.03 34,468 D
Common Stock 05/13/2005 S 2,000 D $30.05 32,468 D
Common Stock 05/13/2005 S 1,000 D $30.1 31,468 D
Common Stock 05/13/2005 S 2,000 D $30.17 29,468 D
Common Stock 05/13/2005 S 2,608 D $30.2 26,860 D
Common Stock 05/13/2005 S 2,000 D $30.22 24,860 D
Common Stock 05/13/2005 S 2,000 D $30.24 22,860 D
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
Employee Stock Option (right to buy) $14.7813 05/12/2005 M 7,400 (3) 03/16/2008 Common Stock 7,400 (2) 220,052 D
Employee Stock Option (right to buy) $14.7813 05/13/2005 M 12,200 (3) 03/16/2008 Common Stock 12,200 (2) 207,852 D
Employee Stock Option (right to buy) $11.0625 05/13/2005 M 25,961 (4) 01/25/2009 Common Stock 25,961 (2) 181,891 D
Employee Stock Option (right to buy) $8.9375 05/13/2005 M 16,667 (5) 03/14/2010 Common Stock 16,667 (2) 165,224 D
Employee Stock Option (right to buy) $6.1875 05/13/2005 M 15,675 (6) 01/19/2011 Common Stock 15,675 (2) 149,549 D
Employee Stock Option (right to buy) $7.1 05/13/2005 M 11,305 (7) 01/29/2012 Common Stock 11,305 (2) 138,244 D
Explanation of Responses:
1. Represents gift to reporting person's son. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for the purposes of Section 16 or for any other purpose.
2. Not Applicable
3. 9,801 of the options vested on 3/17/1999, 10,000 of the options vested on 3/17/2000 and 3,235 of the options vested on 3/17/2001.
4. 11,666 of the options vested on 1/26/2000, 11,667 of the options vested on 1/26/2001 and 2,628 of the options vested on 1/26/2002.
5. 8,334 of the options vested on 3/14/2001 and 8,333 of the options vested on 3/14/2002.
6. 9,900 of the options vested on 1/19/2002 and 5,775 of the options vested on 1/19/2003.
7. 8,250 of the options vested on 1/29/2003 and 3,005 of the options vested on 1/29/2004.
Remarks:
/s/ R. Sean Elliott, attorney-in-fact for Charles M. Kienzle 05/16/2005
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.