Robert F. Leduc - Aug 31, 2021 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Kai England, Power of Attorney
Stock symbol
AIR
Transactions as of
Aug 31, 2021
Transactions value $
$14,251
Form type
4
Date filed
9/1/2021, 02:40 PM
Previous filing
Jul 6, 2021
Next filing
Oct 6, 2021

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 Phantom Stock Award $14.3K +421 $33.85 421 Aug 31, 2021 Common Stock 421 $33.85 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 421 phantom Stock units at $33.85 per share of the deferred quarterly director's retainer fee, as a deferred compensation pursuant to the Non-Employee Directors' Deferred Compensation Plan. Phantom Stock units are payable in stock on a 1-for-1 basis or cash at the grantee's election upon retirement/termination as a director.