Sean M. Gillen - 28 Mar 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
VP-CFO
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
28 Mar 2022
Net transactions value
-$291,747
Form type
4
Filing time
29 Mar 2022, 11:31:55 UTC
Previous filing
14 Jul 2021
Next filing
20 Jul 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 Options Exercise $66,290 +3,500 +9.9% $18.94 38,929 28 Mar 2022 Direct
transaction AIR Common Stock Options Exercise $376,600 +10,000 +26% $37.66 48,929 28 Mar 2022 Direct
transaction AIR Common Stock Options Exercise $250,020 +6,730 +14% $37.15 55,659 28 Mar 2022 Direct
transaction AIR Common Stock Sale $170,356 -3,500 -6.3% $48.67 52,159 28 Mar 2022 Direct
transaction AIR Common Stock Sale $486,731 -10,000 -19% $48.67 42,159 28 Mar 2022 Direct
transaction AIR Common Stock Sale $327,570 -6,730 -16% $48.67 35,429 28 Mar 2022 Direct

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 Options Exercise $0 -3,500 -4.9% $0.000000 67,870 28 Mar 2022 Common Stock 3,500 $18.94 Direct F1
transaction AIR Stock Option Options Exercise $0 -10,000 -41% $0.000000 14,250 28 Mar 2022 Common Stock 10,000 $37.66 Direct F2
transaction AIR Stock Option Options Exercise $0 -6,730 -100% $0.000000* 0 28 Mar 2022 Common Stock 6,730 $37.15 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2021 and shall vest as follows: 33 and 1/3% on each of July 31, 2021, July 31, 2022 and July 31, 2023.
F2 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2020 and shall vest as follows: 33 and 1/3% on each of July 31, 2020, July 31, 2021 and July 31, 2022.
F3 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on December 31, 2019 and shall vest as follows: 33 1/3% on each of December 31, 2019, December 31, 2020 and December 31, 2021.