MARC JAY WALFISH - 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
+$23,772
Form type
4
Filing time
02 Jun 2022, 14:48:06 UTC
Previous filing
01 Mar 2022
Next filing
01 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $0 +2,574 +2.1% $0.000000 125,215 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 $23,772 +493 $48.22 493 31 May 2022 Common Stock 493 $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 Restricted Stock Agreement in transaction exempt under Rule 16b-3.
F2 The 493 phantom stock units at $48.22 per share of the deferred quarterly directors' 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