X0303 4 2009-06-15 0000785787 AEP INDUSTRIES INC AEPI 0001197918 POWERS JOHN J 125 PHILLIPS AVENUE SOUTH HACKENSACK NJ 07606 0 1 0 0 EVP, Sales & Marketing Comon Stock 2009-06-15 4 S 0 5000 27.03 D 16925 D Common Stock 206907 I By Spouse as trustee of GRAT #3 Common Stock 572607 I By Spouse as Trustee of GRAT #7 Common Stock 255990 I By Spouse Common Stock 30725 I By Spouse in trust for minor children Common Stock 4682 I ESOP The shares were sold at prices ranging from $26.74 to $27.50 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price. Includes 848 shares acquired under the 2005 Employee Stock Purchase Plan not previously reported. An additional 660 and 2,300 shares of common stock were deducted from total holdings since the last Form 4 filing due to the holder's election to receive cash in lieu of shares upon the vesting of performance units on January 10, 2009 and May 5, 2009, respectively. Grantor Retained Annuity Trusts (GRATs) #3 and #7 were established by Mr. Barba, and the trustees of each GRAT are Mr. Paul Feeney (CFO of AEP Industries Inc.) and the two daughters of Mr. Barba (who are also the co-beneficiaries of each GRAT). Mr. Powers is the spouse of one such daughter. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose. Sandra C. Major, Attorney-in-Fact 2009-06-16