Tracey Patterson - 24 Jul 2023 Form 4 Insider Report for AAR CORP (AIR)

Reporting relationship: Sr. VP & Chief HR Officer
Issuer ticker: AIR
Reported as of: 24 Jul 2023
Net transaction value: +$741,194
SEC form: 4
Accepted by SEC: 26 Jul 2023, 10:56:47 UTC
Prior SEC filing: 20 Jul 2023
Next SEC filing: 23 Jul 2024
Source filing: View source filing
Reporting owner signature: /s/ Katherine Kwiat, power of attorney

Key filing fact

Tracey Patterson filed Form 4 for AAR CORP (AIR) on 26 Jul 2023.

Key facts

This page summarizes Tracey Patterson's Form 4 filing for AAR CORP (AIR).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 26 Jul 2023, 10:56.

Change

Previous filing in this sequence was filed on 20 Jul 2023.
Current net transaction value: +$741,194.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AIR transaction

Common Stock

Award

Transaction value: $370,014
Shares: +6,350
Change %
Price: $58.27
Shares after: 6,350
Date: 24 Jul 2023
Ownership: Direct
Footnotes: F1

AIR transaction

Common Stock

Award

Transaction value: $210,063
Shares: +3,605
Change %: +57%
Price: $58.27
Shares after: 9,955
Date: 24 Jul 2023
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AIR transaction Derivative

Stock Option

Award

Transaction value: $161,117
Shares: +2,765
Change %
Price: $58.27
Shares after: 2,765
Date: 24 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,765
Exercise price: $58.27
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.

Footnote F2

Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.

Footnote F3

The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning July 31, 2024 and shall vest as follows: 33 and 1/3% on each of July 31, 2024, July 31, 2025 and July 31, 2026.