Tracey Patterson - Jul 22, 2024 Form 4 Insider Report for AAR CORP (AIR)

Role: Sr. VP & Chief HR Officer
Signature: /s/ Katherine Kwiat, power of attorney
Stock symbol: AIR
Transactions as of: Jul 22, 2024
Transactions value $: $464,114
Form type: 4
Date filed: 7/23/2024, 06:02 PM
Previous filing: Jul 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIR	Common Stock	Award	$70K	+1.05K	+10.5%	$67.02	11K	Jul 22, 2024	Direct	F1
transaction	AIR	Common Stock	Award	$210K	+3.14K	+28.5%	$67.02	14.1K	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	$184K	+2.75K		$67.02	2.75K	Jul 22, 2024	Common Stock	2.75K	$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 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.