X0306 4 2018-04-05 0 0001606180 AAC Holdings, Inc. AAC 0001209206 KLOEPPEL DAVID C C/O AMERICAN ADDICTION CENTERS, INC. 200 POWELL PLACE BRENTWOOD TN 37027 1 0 0 0 Common Stock 2018-04-05 4 A 0 7500 0.00 A 163580 D Common Stock 31500 I By Bluegrass Capital Trust Common Stock 25000 I By Sunshine Capital Trust This reporting person received 7,500 shares of common stock pursuant to the AAC Holdings, Inc. 2014 Equity Incentive Plan. This grant is fully vested and represents an annual retainer fee payable to independent directors of AAC Holdings, Inc., as well as for service as the chairman of the Issuer's audit committee. /s/ Kathryn Sevier Phillips, attorney-in-fact 2018-04-06