Eric Pachapa - May 6, 2024 Form 4 Insider Report for AAR CORP (AIR)

Role: VP-CAO & Controller
Signature: /s/ Katherine Kwiat, power of attorney
Stock symbol: AIR
Transactions as of: May 6, 2024
Transactions value $: -$362,686
Form type: 4
Date filed: 5/8/2024, 04:13 PM
Previous filing: Oct 11, 2023
Next filing: Jul 10, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIR	Common Stock	Options Exercise	$713	+14	+0.05%	$50.93	30.1K	May 6, 2024	Direct
transaction	AIR	Common Stock	Sale	-$993	-14	-0.05%	$70.96	30.1K	May 6, 2024	Direct	F1
transaction	AIR	Common Stock	Sale	-$362K	-5.11K	-16.95%	$70.96	25K	May 6, 2024	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	Common Stock	Options Exercise	$0	-14	-66.67%	$0.00	7	May 6, 2024	Common Stock	14	$50.93	Direct	F2

* 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 $70.7200 to $71.1350 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 21 shares of common stock on March 25, 2022. The stock options vest in 33 1/3% increments on each of March 25, 2023, March 25, 2024, and March 25, 2025.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.7200 to $71.1350 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.

The reporting person received a grant of stock options for 21 shares of common stock on March 25, 2022. The stock options vest in 33 1/3% increments on each of March 25, 2023, March 25, 2024, and March 25, 2025.