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

Role: Director
Signature: /s/ Jessica Garascia, Power of Attorney
Stock symbol: AIR
Transactions as of: Oct 25, 2022
Transactions value $: -$429,218
Form type: 4
Date filed: 10/27/2022, 02:39 PM
Previous filing: Jun 3, 2022
Next filing: Nov 17, 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	-$429K	-9.89K	-79.36%	$43.38	2.57K	Oct 25, 2022	Direct	F1
transaction	AIR	Common Stock	Disposed to Issuer	$0	-2.57K	-100%	$0.00^*	0	Oct 27, 2022	Direct	F2

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

H. John Gilbertson 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.

Content

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.

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.