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

Role: Senior VP-CFO
Signature: /s/ Katherine Kwiat, power of attorney
Stock symbol: AIR
Transactions as of: Jan 10, 2025
Transactions value $: -$647,882
Form type: 4
Date filed: 1/10/2025, 05:49 PM
Previous filing: Aug 1, 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	Options Exercise	$203K	+5.39K	+7.45%	$37.66	77.7K	Jan 10, 2025	Direct
transaction	AIR	Common Stock	Sale	-$357K	-5.39K	-6.93%	$66.33	72.3K	Jan 10, 2025	Direct	F1
transaction	AIR	Common Stock	Options Exercise	$152K	+8K	+11.06%	$18.94	80.3K	Jan 10, 2025	Direct
transaction	AIR	Common Stock	Sale	-$531K	-8K	-9.96%	$66.33	72.3K	Jan 10, 2025	Direct	F1
transaction	AIR	Common Stock	Options Exercise	$151K	+4K	+5.53%	$37.74	76.3K	Jan 10, 2025	Direct
transaction	AIR	Common Stock	Sale	-$265K	-4K	-5.24%	$66.33	72.3K	Jan 10, 2025	Direct	F1

Showing 1 to 6 of 6 entries

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	-5.39K	-100%	$0.00	0	Jan 10, 2025	Common Stock	5.39K	$37.66	Direct	F2
transaction	AIR	Stock Option	Options Exercise	$0	-8K	-14.32%	$0.00	47.9K	Jan 10, 2025	Common Stock	8K	$18.94	Direct	F3
transaction	AIR	Stock Option	Options Exercise	$0	-4K	-33.42%	$0.00	7.97K	Jan 10, 2025	Common Stock	4K	$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.