John McClain Holmes III - 02 Apr 2024 Form 4 Insider Report for AAR CORP (AIR)

Role
Chairman, President & CEO, Director
Signature
/s/ Katherine Kwiat, power of attorney
Issuer symbol
AIR
Transactions as of
02 Apr 2024
Transactions value $
$-2,649,019
Form type
4
Filing time
04 Apr 2024, 19:10:57 UTC
Previous filing
05 Feb 2024
Next filing
30 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIR Common Stock Options Exercise $189,400 +10,000 +3.11% $18.94* 331,766 02 Apr 2024 Direct
transaction AIR Common Stock Sale $-582,939 -10,000 -3.01% $58.29 321,766 02 Apr 2024 Direct F1
transaction AIR Common Stock Sale $-1,048,414 -18,145 -5.64% $57.78 303,621 02 Apr 2024 Direct F2
transaction AIR Common Stock Options Exercise $553,995 +29,250 +9.63% $18.94* 332,871 04 Apr 2024 Direct
transaction AIR Common Stock Sale $-1,761,061 -29,250 -8.79% $60.21 303,621 04 Apr 2024 Direct F3

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 -10,000 -11.5% $0.000000 76,874 02 Apr 2024 Common Stock 10,000 $18.94 Direct F4
transaction AIR Stock Option Options Exercise $0 -29,250 -38% $0.000000 47,624 04 Apr 2024 Common Stock 29,250 $18.94 Direct F4
* 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 $58.25 to $58.435 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.75 to $57.88 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.7500 to $61.41 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.
F4 The reporting person received a grant of stock options for 326,600 shares of common stock on July 13, 2020. The stock options vested in 33 1/3% increments on each of July 31, 2021, July 31, 2022 and July 31, 2023.