ROBERT F. LEDUC - 31 Aug 2021 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Kai England, Power of Attorney
Issuer symbol
AIR
Transactions as of
31 Aug 2021
Net transactions value
+$14,251
Form type
4
Filing time
01 Sep 2021, 14:40:39 UTC
Previous filing
06 Jul 2021
Next filing
06 Oct 2021
SEC
View on sec.gov

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 $14,251 +421 $33.85 421 31 Aug 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.