Jessica A. Garascia - Jul 22, 2024 Form 4 Insider Report for AAR CORP (AIR)

Role
Senior VP, GC, CAO & Secretary
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Jul 22, 2024
Transactions value $
$1,084,384
Form type
4
Date filed
7/23/2024, 05:59 PM
Previous filing
Jul 10, 2024
Next filing
Aug 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Award $164K +2.44K +6.4% $67.02 40.6K Jul 22, 2024 Direct F1
transaction AIR Common Stock Award $491K +7.33K +18.06% $67.02 47.9K Jul 22, 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 $430K +6.42K $67.02 6.42K Jul 22, 2024 Common Stock 6.42K $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 Restricted Stock Agreement in 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.