Marc Jay Walfish - Aug 31, 2022 Form 4 Insider Report for AAR CORP (AIR)

Role
Director
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Aug 31, 2022
Transactions value $
$43,738
Form type
4
Date filed
9/1/2022, 05:13 PM
Previous filing
Jun 2, 2022
Next filing
Dec 2, 2022
SEC
View on sec.gov

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 Phantom Stock Award $43.7K +1.02K $42.88 1.02K Aug 31, 2022 Common Stock 1.02K $42.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 1020 phantom stock units at $42.88 per share of the deferred quarterly directors' retainer fee, as a deferred compensation pursuant to the Non-Employee Directors' Deferred Compensation Plan. Phantom Stock units are payable in stock on a 1-for-1 basis or cash at the the grantee's election upon retirement/termination as a director.