John McClain Holmes III - Apr 2, 2024 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
Apr 2, 2024
Transactions value $
-$2,649,019
Form type
4
Date filed
4/4/2024, 07:10 PM
Previous filing
Feb 5, 2024
Next filing
Apr 30, 2024

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 Apr 2, 2024 Direct
transaction AIR Common Stock Sale -$583K -10K -3.01% $58.29 322K Apr 2, 2024 Direct F1
transaction AIR Common Stock Sale -$1.05M -18.1K -5.64% $57.78 304K Apr 2, 2024 Direct F2
transaction AIR Common Stock Options Exercise $554K +29.3K +9.63% $18.94* 333K Apr 4, 2024 Direct
transaction AIR Common Stock Sale -$1.76M -29.3K -8.79% $60.21 304K Apr 4, 2024 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 -11.51% $0.00 76.9K Apr 2, 2024 Common Stock 10K $18.94 Direct F4
transaction AIR Stock Option Options Exercise $0 -29.3K -38.05% $0.00 47.6K Apr 4, 2024 Common Stock 29.3K $18.94 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. These shares were sold in multiple transactions at prices ranging from $58.25 to $58.435 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 $57.75 to $57.88 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 $59.7500 to $61.41 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.