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

Role: VP-CAO & Controller
Signature: /s/ Donald J. Vilim, Power of Attorney
Issuer symbol: AIR
Transactions as of: 25 Mar 2022
Net transactions value: +$1,070
Form type: 4
Filing time: 29 Mar 2022, 11:23:22 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	+3,534	+17%	$0.000000	23,940	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	Common Stock	Award	$1,070	+21		$50.93	21	25 Mar 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.