Eric Pachapa - Mar 25, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role: VP-CAO & Controller
Signature: /s/ Donald J. Vilim, Power of Attorney
Stock symbol: AIR
Transactions as of: Mar 25, 2022
Transactions value $: $1,070
Form type: 4
Date filed: 3/29/2022, 11:23 AM
Previous filing: Aug 3, 2021
Next filing: Mar 30, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIR	Common Stock	Award	$0	+3.53K	+17.32%	$0.00	23.9K	Mar 25, 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	Common Stock	Award	$1.07K	+21		$50.93	21	Mar 25, 2022	Common Stock	21	$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, 2023, March 25, 2024 and March 25, 2025.