John McClain Holmes III - 28 Sep 2023 Form 4 Insider Report for AAR CORP (AIR)

Role
Chairman, President & CEO, Director
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
28 Sep 2023
Net transactions value
-$1,983,169
Form type
4
Filing time
02 Oct 2023, 17:26:09 UTC
Previous filing
14 Aug 2023
Next filing
05 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $189,400 +10,000 +3.1% $18.94 331,766 28 Sep 2023 Direct
transaction AIR Common Stock Sale $607,710 -10,000 -3% $60.77 321,766 28 Sep 2023 Direct F1
transaction AIR Common Stock Options Exercise $1,439,560 +40,827 +13% $35.26 362,593 28 Sep 2023 Direct
transaction AIR Common Stock Sale $2,481,098 -40,827 -11% $60.77 321,766 28 Sep 2023 Direct F1
transaction AIR Common Stock Options Exercise $352,600 +10,000 +3.1% $35.26 331,766 29 Sep 2023 Direct
transaction AIR Common Stock Sale $600,502 -10,000 -3% $60.05 321,766 29 Sep 2023 Direct F2
transaction AIR Common Stock Options Exercise $416,421 +11,810 +3.7% $35.26 333,576 02 Oct 2023 Direct
transaction AIR Common Stock Sale $691,840 -11,810 -3.5% $58.58 321,766 02 Oct 2023 Direct F3

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 Options Exercise $0 -10,000 -9.4% $0.000000 96,874 28 Sep 2023 Common Stock 10,000 $18.94 Direct F4
transaction AIR Stock Option Options Exercise $0 -40,827 -46% $0.000000 46,976 28 Sep 2023 Common Stock 40,827 $35.26 Direct F5
transaction AIR Stock Option Options Exercise $0 -10,000 -21% $0.000000 36,976 29 Sep 2023 Common Stock 10,000 $35.26 Direct F5
transaction AIR Stock Option Options Exercise $0 -11,810 -32% $0.000000 25,166 02 Oct 2023 Common Stock 11,810 $35.26 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price of the 10,000 shares and the 40,827 shares sold on September 28, 2023. These shares were sold in multiple transactions at prices ranging from $60.0800 to $61.3850 inclusive. The reporting person undertakes to provide 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.0250 to $60.0700 inclusive. The reporting person undertakes to provide 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.3500 to $59.0700 inclusive. The reporting person undertakes to provide 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.
F4 The reporting person received a grant of stock options for 326,600 shares of common stock on July 13, 2020. The stock options vested in 33 1/3% increments on each of July 31, 2021, July 31, 2022 and July 31, 2023.
F5 The reporting person received a grant of stock options for 96,000 shares of common stock on July 10, 2017. The stock options vested in 33 1/3% increments on each of July 31, 2018, July 31, 2019 and July 31, 2020.