Robert F. Leduc - Feb 28, 2023 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Feb 28, 2023
Transactions value $
$14,250
Form type
4
Date filed
3/2/2023, 12:22 PM
Previous filing
Feb 24, 2023
Next filing
May 23, 2023

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 $14.3K +262 +10.64% $54.39 2.72K Feb 28, 2023 Common Stock 262 $54.39 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director or on other dates as specified by the director pursuant to the Non-Employee Directors' Deferred Compensation Plan.