Jessica A. Garascia - Jul 24, 2023 Form 4 Insider Report for AAR CORP (AIR)

Role
Senior VP, GC, CAO & Secretary
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Jul 24, 2023
Transactions value $
$851,033
Form type
4
Date filed
7/26/2023, 11:01 AM
Previous filing
Mar 28, 2023
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $135K +2.32K +8.84% $58.27 28.6K Jul 24, 2023 Direct F1
transaction AIR Common Stock Award $405K +6.95K +24.33% $58.27 35.5K Jul 24, 2023 Direct F2

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 Stock Option Award $311K +5.34K $58.27 5.34K Jul 24, 2023 Common Stock 5.34K $58.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F2 Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F3 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2024 and shall vest as follows: 33 and 1/3% on each of July 31, 2024, July 31, 2025 and July 31, 2026.