Christopher A. Jessup - 08 Apr 2022 Form 4 Insider Report for AAR CORP (AIR)

Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
08 Apr 2022
Net transactions value
-$1,382,222
Form type
4
Filing time
12 Apr 2022, 14:58:07 UTC
Previous filing
30 Mar 2022
Next filing
20 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Sale $144,020 -2,900 -6.7% $49.66 40,306 08 Apr 2022 Direct
transaction AIR Common Stock Options Exercise $76,800 +3,200 +7.9% $24.00 43,506 08 Apr 2022 Direct
transaction AIR Common Stock Sale $158,574 -3,200 -7.4% $49.55 40,306 08 Apr 2022 Direct
transaction AIR Common Stock Sale $275,050 -5,541 -14% $49.64 34,765 11 Apr 2022 Direct
transaction AIR Common Stock Options Exercise $48,024 +2,001 +5.8% $24.00 36,766 11 Apr 2022 Direct
transaction AIR Common Stock Sale $99,643 -2,001 -5.4% $49.80 34,765 11 Apr 2022 Direct
transaction AIR Common Stock Options Exercise $509,316 +26,891 +77% $18.94 61,656 11 Apr 2022 Direct
transaction AIR Common Stock Sale $1,339,075 -26,891 -44% $49.80 34,765 11 Apr 2022 Direct

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 -3,200 -62% $0.000000 2,001 08 Apr 2022 Common Stock 3,200 $24.00 Direct F1
transaction AIR Stock Option Options Exercise $0 -2,001 -100% $0.000000* 0 11 Apr 2022 Common Stock 2,001 $24.00 Direct F1
transaction AIR Stock Option Options Exercise $0 -26,891 -33% $0.000000 53,784 11 Apr 2022 Common Stock 26,891 $18.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 11, 2017 and shall vest as follows: 33 and 1/3% on each of July 11, 2017, July 11, 2018, and July 11, 2019.
F2 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2021 and shall vest as follows: 33 and 1/3% on each of July 31, 2021, July 31, 2022 and July 31, 2023.