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AAR CORP — Director's Dealing 2024
May 6, 2024
31334_dirs_2024-05-06_b3ca3b0a-ebc9-4dd9-936f-4f190605e7d8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AAR CORP (AIR)
CIK: 0000001750
Period of Report: 2024-05-02
Reporting Person: Jessup Christopher A. (Senior Vice President-CCO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-02 | Common Stock | M | 16700 | $48.09 | Acquired | 68502.525 | Direct |
| 2024-05-02 | Common Stock | S | 16700 | $70.007 | Disposed | 51802.525 | Direct |
| 2024-05-03 | Common Stock | M | 1600 | $48.09 | Acquired | 53402.525 | Direct |
| 2024-05-03 | Common Stock | S | 1600 | $70.0522 | Disposed | 51802.525 | Direct |
| 2024-05-03 | Common Stock | M | 13373 | $37.66 | Acquired | 65175.525 | Direct |
| 2024-05-03 | Common Stock | S | 13373 | $70.0522 | Disposed | 51802.525 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-02 | Stock Option | $48.09 | M | 16700 | Disposed | 2028-07-09 | Common Stock (16700) | Direct |
| 2024-05-03 | Stock Option | $48.09 | M | 1600 | Disposed | 2028-07-09 | Common Stock (1600) | Direct |
| 2024-05-03 | Stock Option | $37.66 | M | 13373 | Disposed | 2029-07-08 | Common Stock (13373) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.0300 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 $70.00 to $70.6000 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 reporting person received a grant of stock options for 18,300 shares of common stock on July 9, 2018. The stock options vested in 33 1/3% increments on each of July 31, 2019, July 31, 2020, and July 31, 2021.
F4: The reporting person received a grant of stock options for 24,250 shares of common stock on July 8, 2019. The stock options vested in 33 1/3% increments on each of July 31, 2020, July 31, 2021, and July 31, 2022.