Sean M. Gillen - 12 Jul 2021 Form 4 Insider Report for AAR CORP (AIR)

Role
VP-CFO
Signature
/s/ Kai England, Power of Attorney
Issuer symbol
AIR
Transactions as of
12 Jul 2021
Net transactions value
+$564,968
Form type
4
Filing time
14 Jul 2021, 14:19:43 UTC
Next filing
29 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $0 +5,300 +27% $0.000000 24,829 12 Jul 2021 Direct F1
transaction AIR Common Stock Award $0 +10,600 +43% $0.000000 35,429 12 Jul 2021 Direct F2, F3

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 $564,968 +14,970 $37.74 14,970 12 Jul 2021 Common Stock 14,970 $37.74 Direct F4
* 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 Included in the amount reported are shares under the dividend reinvestment plan (DRIP) on vested time-based restricted stocks exempt under Rule 16a-11. The total DRIP amount reported is 21.203 shares listed as follows: 6.167 on 1/14/20 @ $45.63; 15.036 on 4/09/2020 @ $19.88.
F4 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.