Christopher A. Jessup - Apr 8, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Vice President-CCO
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Apr 8, 2022
Transactions value $
-$1,382,222
Form type
4
Date filed
4/12/2022, 02:58 PM
Previous filing
Mar 30, 2022
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Sale -$144K -2.9K -6.71% $49.66 40.3K Apr 8, 2022 Direct
transaction AIR Common Stock Options Exercise $76.8K +3.2K +7.94% $24.00 43.5K Apr 8, 2022 Direct
transaction AIR Common Stock Sale -$159K -3.2K -7.36% $49.55 40.3K Apr 8, 2022 Direct
transaction AIR Common Stock Sale -$275K -5.54K -13.75% $49.64 34.8K Apr 11, 2022 Direct
transaction AIR Common Stock Options Exercise $48K +2K +5.76% $24.00 36.8K Apr 11, 2022 Direct
transaction AIR Common Stock Sale -$99.6K -2K -5.44% $49.80 34.8K Apr 11, 2022 Direct
transaction AIR Common Stock Options Exercise $509K +26.9K +77.35% $18.94 61.7K Apr 11, 2022 Direct
transaction AIR Common Stock Sale -$1.34M -26.9K -43.61% $49.80 34.8K Apr 11, 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 -3.2K -61.53% $0.00 2K Apr 8, 2022 Common Stock 3.2K $24.00 Direct F1
transaction AIR Stock Option Options Exercise $0 -2K -100% $0.00* 0 Apr 11, 2022 Common Stock 2K $24.00 Direct F1
transaction AIR Stock Option Options Exercise $0 -26.9K -33.33% $0.00 53.8K Apr 11, 2022 Common Stock 26.9K $18.94 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 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.