Eric Pachapa - 29 Jul 2022 Form 4 Insider Report for AAR CORP (AIR)

Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
29 Jul 2022
Net transactions value
-$32,151
Form type
4
Filing time
02 Aug 2022, 14:32:18 UTC
Previous filing
20 Jul 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Disposed to Issuer $0 -3,022 -9.7% $0.000000 28,138 29 Jul 2022 Direct F1
transaction AIR Common Stock Tax liability $32,151 -722 -2.6% $44.53 27,416 29 Jul 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 722 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted performance stock.