John McClain Holmes III - 01 Apr 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: 01 Apr 2022
Net transactions value: -$633,417
Form type: 4
Filing time: 05 Apr 2022, 14:32:24 UTC
Previous filing: 01 Apr 2022
Next filing: 07 Apr 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	$197,640	+8,235	+3.4%	$24.00	252,276	01 Apr 2022	Direct
transaction	AIR	Common Stock	Sale	$397,965	-8,235	-3.3%	$48.33	244,041	01 Apr 2022	Direct
transaction	AIR	Common Stock	Options Exercise	$266,200	+10,000	+4.1%	$26.62	254,041	01 Apr 2022	Direct
transaction	AIR	Common Stock	Sale	$483,260	-10,000	-3.9%	$48.33	244,041	01 Apr 2022	Direct
transaction	AIR	Common Stock	Options Exercise	$266,200	+10,000	+4.1%	$26.62	254,041	04 Apr 2022	Direct
transaction	AIR	Common Stock	Sale	$482,232	-10,000	-3.9%	$48.22	244,041	04 Apr 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	-8,235	-19%	$0.000000	35,000	01 Apr 2022	Common Stock	8,235	$24.00	Direct	F1
transaction	AIR	Stock Option	Options Exercise	$0	-10,000	-20%	$0.000000	40,015	01 Apr 2022	Common Stock	10,000	$26.62	Direct	F2
transaction	AIR	Stock Option	Options Exercise	$0	-10,000	-25%	$0.000000	30,015	04 Apr 2022	Common Stock	10,000	$26.62	Direct	F2

* 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 11, 2017 and shall vest as follows: 33 and 1/3% on each of July 11, 2017, July 11, 2018, and July 11, 2019.
F2	The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on August 7, 2016 and shall vest as follows: 33 and 1/3% on each of August 7, 2016, August 7, 2017, and August 7, 2018.