H. John Gilbertson Jr. - 25 Oct 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Jessica Garascia, Power of Attorney
Issuer symbol
AIR
Transactions as of
25 Oct 2022
Net transactions value
-$429,218
Form type
4
Filing time
27 Oct 2022, 14:39:23 UTC
Previous filing
03 Jun 2022
Next filing
17 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Sale $429,218 -9,894 -79% $43.38 2,574 25 Oct 2022 Direct F1
transaction AIR Common Stock Disposed to Issuer $0 -2,574 -100% $0.000000* 0 27 Oct 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

H. John Gilbertson Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.1200 to $44.1199, inclusive. The reporting person undertakes to provide to AAR Corp., any security holder of AAR Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Represents the forfeiture of restricted stock awards (previously reported as exempt under Rule 16b-3 and originally scheduled to vest on June 3, 2023) under the terms of the Restricted Stock Award Agreement in connection with the reporting person's resignation from the Board of Directors of AAR Corp. This forfeiture is also exempt under Rule 16b-3.