John McClain Holmes III - Sep 28, 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
Sep 28, 2023
Transactions value $
-$1,983,169
Form type
4
Date filed
10/2/2023, 05:26 PM
Previous filing
Aug 14, 2023
Next filing
Oct 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $189K +10K +3.11% $18.94 332K Sep 28, 2023 Direct
transaction AIR Common Stock Sale -$608K -10K -3.01% $60.77 322K Sep 28, 2023 Direct F1
transaction AIR Common Stock Options Exercise $1.44M +40.8K +12.69% $35.26 363K Sep 28, 2023 Direct
transaction AIR Common Stock Sale -$2.48M -40.8K -11.26% $60.77 322K Sep 28, 2023 Direct F1
transaction AIR Common Stock Options Exercise $353K +10K +3.11% $35.26 332K Sep 29, 2023 Direct
transaction AIR Common Stock Sale -$601K -10K -3.01% $60.05 322K Sep 29, 2023 Direct F2
transaction AIR Common Stock Options Exercise $416K +11.8K +3.67% $35.26 334K Oct 2, 2023 Direct
transaction AIR Common Stock Sale -$692K -11.8K -3.54% $58.58 322K Oct 2, 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 -10K -9.36% $0.00 96.9K Sep 28, 2023 Common Stock 10K $18.94 Direct F4
transaction AIR Stock Option Options Exercise $0 -40.8K -46.5% $0.00 47K Sep 28, 2023 Common Stock 40.8K $35.26 Direct F5
transaction AIR Stock Option Options Exercise $0 -10K -21.29% $0.00 37K Sep 29, 2023 Common Stock 10K $35.26 Direct F5
transaction AIR Stock Option Options Exercise $0 -11.8K -31.94% $0.00 25.2K Oct 2, 2023 Common Stock 11.8K $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.