John McClain Holmes III - Jul 24, 2023 Form 4 Insider Report for AAR CORP (AIR)

Role
Chairman, President & CEO, Director
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Jul 24, 2023
Transactions value $
$5,155,438
Form type
4
Date filed
7/26/2023, 11:08 AM
Previous filing
Apr 18, 2023
Next filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $818K +14K +5.29% $58.27 280K Jul 24, 2023 Direct F1
transaction AIR Common Stock Award $2.45M +42.1K +15.06% $58.27 322K 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 $1.88M +32.3K $58.27 32.3K Jul 24, 2023 Common Stock 32.3K $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.