Christopher A. Jessup - Jan 15, 2025 Form 4 Insider Report for AAR CORP (AIR)

Role
Senior Vice President-CCO
Signature
/s/ Katherine Kwiat, power of attorney
Stock symbol
AIR
Transactions as of
Jan 15, 2025
Transactions value $
-$1,882,847
Form type
4
Date filed
1/17/2025, 09:50 AM
Previous filing
Aug 1, 2024
Next filing
Mar 26, 2025
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 $9.47K +500 +0.71% $18.94 70.8K Jan 15, 2025 Direct
transaction AIR Common Stock Sale -$35.1K -500 -0.71% $70.19 70.3K Jan 15, 2025 Direct
transaction AIR Common Stock Options Exercise $500K +26.4K +37.55% $18.94 96.7K Jan 16, 2025 Direct
transaction AIR Common Stock Sale -$1.86M -26.4K -27.3% $70.42 70.3K Jan 16, 2025 Direct F1
transaction AIR Common Stock Sale -$499K -7.09K -10.08% $70.35 63.2K Jan 16, 2025 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 Options Exercise $0 -500 -1.86% $0.00 26.4K Jan 15, 2025 Common Stock 500 $18.94 Direct F3
transaction AIR Stock Option Options Exercise $0 -26.4K -100% $0.00 0 Jan 16, 2025 Common Stock 26.4K $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 $70.0000 to $70.7600 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 $70.0000 to $70.6800 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 awarded stock option vested and became exercisable in 1/3 annual installments beginning on July 31, 2021 and vested as follows: 33 and 1/3% on each of July 31, 2021, July 31, 2022 and July 31, 2023.