H. John Gilbertson Jr. - 25 Oct 2022 Form 4 Insider Report for AAR CORP (AIR)

Reporting relationship: Director
Issuer ticker: AIR
Reported as of: 25 Oct 2022
Net transaction value: -$429,218
SEC form: 4
Accepted by SEC: 27 Oct 2022, 14:39:23 UTC
Prior SEC filing: 03 Jun 2022
Next SEC filing: 17 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Jessica Garascia, Power of Attorney

Key filing fact

H. John Gilbertson Jr. filed Form 4 for AAR CORP (AIR) on 27 Oct 2022.

Key facts

This page summarizes H. John Gilbertson Jr.'s Form 4 filing for AAR CORP (AIR).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 Oct 2022, 14:39.

Change

Previous filing in this sequence was filed on 03 Jun 2022.
Current net transaction value: -$429,218.

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

Sale

Transaction value: $429,218
Shares: -9,894
Change %: -79%
Price: $43.38
Shares after: 2,574
Date: 25 Oct 2022
Ownership: Direct
Footnotes: F1

AIR transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -2,574
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 Oct 2022
Ownership: Direct
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

H. John Gilbertson Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.1200 to $44.1199, inclusive. The reporting person undertakes to provide to 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.

Footnote F2

Represents the forfeiture of restricted stock awards (previously reported as exempt under Rule 16b-3 and originally scheduled to vest on June 3, 2023) under the terms of the Restricted Stock Award Agreement in connection with the reporting person's resignation from the Board of Directors of AAR Corp. This forfeiture is also exempt under Rule 16b-3.