Jessica A. Garascia - 12 Jul 2021 Form 4 Insider Report for AAR CORP (AIR)

Signature
/s/ Kai England, Power of Attorney
Issuer symbol
AIR
Transactions as of
12 Jul 2021
Net transactions value
+$352,869
Form type
4
Filing time
14 Jul 2021, 13:55:57 UTC
Next filing
20 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $0 +3,310 +45% $0.000000 10,662 12 Jul 2021 Direct F1
transaction AIR Common Stock Award $0 +6,630 +73% $0.000000 15,702 12 Jul 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIR Stock Option Award $352,869 +9,350 $37.74 9,350 12 Jul 2021 Common Stock 9,350 $37.74 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F2 Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F3 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2022 and shall vest as follows: 33 and 1/3% on each of July 31, 2022, July 31, 2023 and July 31, 2024.