John McClain Holmes III - Dec 28, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
President & CEO, Director
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Dec 28, 2022
Transactions value $
-$886,886
Form type
4
Date filed
12/30/2022, 05:15 PM
Previous filing
Nov 2, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $15.1K +798 +0.29% $18.94 279K Dec 28, 2022 Direct
transaction AIR Common Stock Sale -$35.3K -798 -0.29% $44.25 279K Dec 28, 2022 Direct
transaction AIR Common Stock Options Exercise $648K +34.2K +12.28% $18.94 313K Dec 29, 2022 Direct
transaction AIR Common Stock Sale -$1.51M -34.2K -10.93% $44.28 279K Dec 29, 2022 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 -798 -0.29% $0.00 279K Dec 28, 2022 Common Stock 798 $18.94 Direct F2
transaction AIR Stock Option Options Exercise $0 -34.2K -12.27% $0.00 245K Dec 29, 2022 Common Stock 34.2K $18.94 Direct F3
* 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. These shares were sold in multiple transactions at prices ranging from $44.2500 to $44.4000 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 reporting person received a grant of stock options for 326,600 shares of common stock on July 13, 2020. The stock options vest in 33 1/3% increments on each of July 31, 2021, July 31, 2022 and July 31, 2023.
F3 The reporting person received a grant of stock options for 326,600 shares of common stock on July 13, 2020. The stock options vest in 33 1/3% increments on each of July 31, 2021, July 31, 2022 and July 31, 2023.