Jessica A. Garascia - Jul 18, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Vice President and Secretary
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Jul 18, 2022
Transactions value $
$297,348
Form type
4
Date filed
7/20/2022, 04:20 PM
Previous filing
Jul 14, 2021
Next filing
Nov 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $0 +2.99K +17.26% $0.00 20.3K Jul 18, 2022 Direct F1
transaction AIR Common Stock Award $0 +5.97K +29.44% $0.00 26.2K Jul 18, 2022 Direct F2

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 Award $297K +7.1K $41.88 7.1K Jul 18, 2022 Common Stock 7.1K $41.88 Direct F3
* 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 Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F3 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2023 and shall vest as follows: 33 and 1/3% on each of July 31, 2023, July 31, 2024 and July 31, 2025.