John McClain Holmes III - 22 Jul 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
22 Jul 2024
Transactions value $
$6,679,883
Form type
4
Filing time
23 Jul 2024, 17:44:22
Previous filing
10 Jul 2024
Next filing
01 Aug 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 Award $1.01M +15K +4.57% $67.02 344K 22 Jul 2024 Direct F1
transaction AIR Common Stock Award $3.02M +45.1K +13.11% $67.02 389K 22 Jul 2024 Direct F2

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 Award $2.65M +39.5K $67.02 39.5K 22 Jul 2024 Common Stock 39.5K $67.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of stock pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F2 Award of stock pursuant to a Performance Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
F3 The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2025 and shall vest as follows: 33 and 1/3% on each of July 31, 2025, July 31, 2026 and July 31, 2027.