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

Role
VP-CFO
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Mar 28, 2022
Transactions value $
-$291,747
Form type
4
Date filed
3/29/2022, 11:31 AM
Previous filing
Jul 14, 2021
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $66.3K +3.5K +9.88% $18.94 38.9K Mar 28, 2022 Direct
transaction AIR Common Stock Options Exercise $377K +10K +25.69% $37.66 48.9K Mar 28, 2022 Direct
transaction AIR Common Stock Options Exercise $250K +6.73K +13.75% $37.15 55.7K Mar 28, 2022 Direct
transaction AIR Common Stock Sale -$170K -3.5K -6.29% $48.67 52.2K Mar 28, 2022 Direct
transaction AIR Common Stock Sale -$487K -10K -19.17% $48.67 42.2K Mar 28, 2022 Direct
transaction AIR Common Stock Sale -$328K -6.73K -15.96% $48.67 35.4K Mar 28, 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 -3.5K -4.9% $0.00 67.9K Mar 28, 2022 Common Stock 3.5K $18.94 Direct F1
transaction AIR Stock Option Options Exercise $0 -10K -41.24% $0.00 14.3K Mar 28, 2022 Common Stock 10K $37.66 Direct F2
transaction AIR Stock Option Options Exercise $0 -6.73K -100% $0.00* 0 Mar 28, 2022 Common Stock 6.73K $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.