Christopher A. Jessup - May 2, 2024 Form 4 Insider Report for AAR CORP (AIR)

Role
Senior Vice President-CCO
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
May 2, 2024
Transactions value $
-$834,334
Form type
4
Date filed
5/6/2024, 05:55 PM
Previous filing
Aug 2, 2023
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $803K +16.7K +32.24% $48.09 68.5K May 2, 2024 Direct
transaction AIR Common Stock Sale -$1.17M -16.7K -24.38% $70.01 51.8K May 2, 2024 Direct F1
transaction AIR Common Stock Options Exercise $76.9K +1.6K +3.09% $48.09 53.4K May 3, 2024 Direct
transaction AIR Common Stock Sale -$112K -1.6K -3% $70.05 51.8K May 3, 2024 Direct F2
transaction AIR Common Stock Options Exercise $504K +13.4K +25.82% $37.66 65.2K May 3, 2024 Direct
transaction AIR Common Stock Sale -$937K -13.4K -20.52% $70.05 51.8K May 3, 2024 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 Options Exercise $0 -16.7K -91.26% $0.00 1.6K May 2, 2024 Common Stock 16.7K $48.09 Direct F3
transaction AIR Stock Option Options Exercise $0 -1.6K -100% $0.00* 0 May 3, 2024 Common Stock 1.6K $48.09 Direct F3
transaction AIR Stock Option Options Exercise $0 -13.4K -55.15% $0.00 10.9K May 3, 2024 Common Stock 13.4K $37.66 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 $70.00 to $70.0300 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 $70.00 to $70.6000 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 reporting person received a grant of stock options for 18,300 shares of common stock on July 9, 2018. The stock options vested in 33 1/3% increments on each of July 31, 2019, July 31, 2020, and July 31, 2021.
F4 The reporting person received a grant of stock options for 24,250 shares of common stock on July 8, 2019. The stock options vested in 33 1/3% increments on each of July 31, 2020, July 31, 2021, and July 31, 2022.