Sean M. Gillen - 10 Jan 2025 Form 4 Insider Report for AAR CORP (AIR)

Role
Senior VP-CFO
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
10 Jan 2025
Net transactions value
-$647,882
Form type
4
Filing time
10 Jan 2025, 17:49:56 UTC
Previous filing
01 Aug 2024
Next filing
17 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $202,799 +5,385 +7.4% $37.66 77,711 10 Jan 2025 Direct
transaction AIR Common Stock Sale $357,191 -5,385 -6.9% $66.33 72,326 10 Jan 2025 Direct F1
transaction AIR Common Stock Options Exercise $151,520 +8,000 +11% $18.94 80,326 10 Jan 2025 Direct
transaction AIR Common Stock Sale $530,646 -8,000 -10% $66.33 72,326 10 Jan 2025 Direct F1
transaction AIR Common Stock Options Exercise $150,960 +4,000 +5.5% $37.74 76,326 10 Jan 2025 Direct
transaction AIR Common Stock Sale $265,323 -4,000 -5.2% $66.33 72,326 10 Jan 2025 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 Stock Option Options Exercise $0 -5,385 -100% $0.000000 0 10 Jan 2025 Common Stock 5,385 $37.66 Direct F2
transaction AIR Stock Option Options Exercise $0 -8,000 -14% $0.000000 47,870 10 Jan 2025 Common Stock 8,000 $18.94 Direct F3
transaction AIR Stock Option Options Exercise $0 -4,000 -33% $0.000000 7,970 10 Jan 2025 Common Stock 4,000 $37.74 Direct F4
* 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. The shares were sold in multiple transactions at prices ranging from $64.8700 to $67.4500 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 awarded stock option vested and became exercisable in 1/3 annual installments beginning on December 31, 2019 and vested as follows: 33 1/3% on each of December 31, 2019, December 31, 2020 and December 31, 2021.
F3 The awarded stock option vested and became exercisable in 1/3 annual installments beginning on July 31, 2021 and vested as follows: 33 and 1/3% on each of July 31, 2021, July 31, 2022 and July 31, 2023.
F4 The awarded stock option vested and became exercisable in 1/3 annual installments beginning on July 31, 2022 and vested as follows: 33 and 1/3% on each of July 31, 2022, July 31, 2023 and July 31, 2024.