John McClain Holmes III - Aug 1, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
President & CEO, Director
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Aug 1, 2022
Transactions value $
-$238,414
Form type
4
Date filed
8/2/2022, 02:24 PM
Previous filing
Jul 20, 2022
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Disposed to Issuer $0 -22.4K -7.25% $0.00 287K Jul 29, 2022 Direct F1
transaction AIR Common Stock Tax liability -$238K -5.35K -1.87% $44.53 282K Jul 29, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a cancellation of some of the FY2020 performance restricted shares, issued in a transaction exempt under Rule 16b-3, due to the Company not meeting the performance criteria to which this award was subject.
F2 The reporting person is reporting the withholding of 5,354 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted performance stock.