Robert F. Leduc - Aug 31, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Aug 31, 2022
Transactions value $
$14,236
Form type
4
Date filed
9/1/2022, 05:20 PM
Previous filing
Jul 7, 2022
Next filing
Oct 5, 2022

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 $14.2K +332 $42.88 332 Aug 31, 2022 Common Stock 332 $42.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 332 phantom stock units at $42.88 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.