Eric Pachapa - 22 Jul 2024 Form 4 Insider Report for AAR CORP (AIR)

Role: VP-CAO & Controller
Signature: /s/ Katherine Kwiat, power of attorney
Issuer symbol: AIR
Transactions as of: 22 Jul 2024
Net transactions value: +$581,398
Form type: 4
Filing time: 23 Jul 2024, 18:05:10 UTC
Previous filing: 10 Jul 2024
Next filing: 01 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIR	Common Stock	Award	$87,796	+1,310	+4.3%	$67.02	31,500	22 Jul 2024	Direct	F1
transaction	AIR	Common Stock	Award	$263,054	+3,925	+12%	$67.02	35,425	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	$230,549	+3,440		$67.02	3,440	22 Jul 2024	Common Stock	3,440	$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.