Sean M. Gillen - 10 Oct 2023 Form 4 Insider Report for AAR CORP (AIR)

Role
Senior VP-CFO
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
10 Oct 2023
Net transactions value
-$453,814
Form type
4
Filing time
11 Oct 2023, 15:51:26 UTC
Previous filing
02 Aug 2023
Next filing
10 Jul 2024
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 $225,960 +6,000 +11% $37.66 58,939 10 Oct 2023 Direct
transaction AIR Common Stock Sale $362,654 -6,000 -10% $60.44 52,939 10 Oct 2023 Direct F1
transaction AIR Common Stock Options Exercise $113,640 +6,000 +11% $18.94 58,939 10 Oct 2023 Direct
transaction AIR Common Stock Sale $362,654 -6,000 -10% $60.44 52,939 10 Oct 2023 Direct F1
transaction AIR Common Stock Options Exercise $113,220 +3,000 +5.7% $37.74 55,939 10 Oct 2023 Direct
transaction AIR Common Stock Sale $181,327 -3,000 -5.4% $60.44 52,939 10 Oct 2023 Direct F1

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 -6,000 -53% $0.000000 5,385 10 Oct 2023 Common Stock 6,000 $37.66 Direct F2
transaction AIR Stock Option Options Exercise $0 -6,000 -9.7% $0.000000 55,870 10 Oct 2023 Common Stock 6,000 $18.94 Direct F3
transaction AIR Stock Option Options Exercise $0 -3,000 -20% $0.000000 11,970 10 Oct 2023 Common Stock 3,000 $37.74 Direct F4
* 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. The shares were sold in multiple transactions at prices ranging from $60.3100 to $60.9050 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 reporting person received a grant of stock options for 17,385 shares of common stock on July 8, 2019. The stock options vested in 33 1/3% increments on each July 31, 2020, July 31, 2021, and July 31, 2022.
F3 The reporting person received a grant of stock options for 71,370 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.
F4 The reporting person received a grant of stock options for 14,970 shares of common stock on July 12, 2021. The stock options vest in 33 1/3% increments on each of July 31, 2022, July 31, 2023, and July 31, 2024.