Marc Jay Walfish - 28 Feb 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
28 Feb 2022
Net transactions value
+$23,728
Form type
4
Filing time
01 Mar 2022, 16:34:24 UTC
Previous filing
02 Dec 2021
Next filing
02 Jun 2022

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 $23,728 +528 $44.94 528 28 Feb 2022 Common Stock 528 $44.94 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 528 Phantom Stock Units at $44.94 per share of the deferred quarterly director's retainer fee as a deferred compensation pursuant to the Non-Employee Director's 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