John McClain Holmes III - 25 Mar 2022 Form 4 Insider Report for AAR CORP (AIR)

Role: President & CEO, Director
Signature: /s/ Katherine Kwiat, power of attorney
Issuer symbol: AIR
Transactions as of: 25 Mar 2022
Net transactions value: +$15,890
Form type: 4
Filing time: 29 Mar 2022, 11:15:55 UTC
Previous filing: 03 Aug 2021
Next filing: 30 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	+144,165	+128%	$0.000000	256,541	25 Mar 2022	Direct	F1

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	$15,890	+312		$50.93	312	25 Mar 2022	Common Stock	312	$50.93	Direct	F2

* 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	The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on March 25, 2023 and shall vest as follows: 33 and 1/3% on each March 25, 2024 and March 25, 2025.