John McClain Holmes III - 22 Jul 2024 Form 4 Insider Report for AAR CORP (AIR)

Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
22 Jul 2024
Net transactions value
+$6,679,883
Form type
4
Filing time
23 Jul 2024, 17:44:22 UTC
Previous filing
10 Jul 2024
Next filing
01 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $1,007,981 +15,040 +4.6% $67.02 344,101 22 Jul 2024 Direct F1
transaction AIR Common Stock Award $3,023,942 +45,120 +13% $67.02 389,221 22 Jul 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 Award $2,647,960 +39,510 $67.02 39,510 22 Jul 2024 Common Stock 39,510 $67.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F2 Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F3 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2025 and shall vest as follows: 33 and 1/3% on each of July 31, 2025, July 31, 2026 and July 31, 2027.