ROBERT F. LEDUC - 31 May 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
31 May 2022
Net transactions value
+$14,273
Form type
4
Filing time
02 Jun 2022, 14:43:16 UTC
Previous filing
31 May 2022
Next filing
07 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $0 +2,574 +31% $0.000000 10,800 01 Jun 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 Phantom Stock Award $14,273 +296 $48.22 296 31 May 2022 Common Stock 296 $48.22 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 296 phantom stock units at $48.22 per share of the deferred quarterly director's retainer fee, as a deferred compensation pursuant to the Non-Employee Directors' Deferred Compensation Plan. Phantom Stock units are payable in stock on a 1-for-1 basis or cash at the grantee's election upon retirement/termination as a director