SEC Form 4 · accession 0001362988-18-000062
Aircastle LTD · AYR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Kriedberg
Officer — Chief Commercial Officer
Period of report
Feb 9, 2018
Accepted (ET)
Feb 12, 2018 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001362988
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Feb 9, 2018 | A | 34,794 | $0.00 | A | 193,357 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | $0.00 | Feb 9, 2018 | A | 63,131 | A | — | — | Common Shares | 63,131 | 63,131 | D |
Explanation of responses
- F1Grant of restricted shares under the Amended and Restated Aircastle Limited 2014 Omnibus Incentive Plan (the "2014 Plan"). Shares vest ratably in three installments on January 1, 2019, January 1, 2020 and January 1, 2021 subject to the terms of the 2014 Plan and related grant documents.
- F2The reporting person was granted 63,131 performance-based restricted stock units ("RSUs") on March 31, 2017. On February 9, 2018, the Compensation Committee of the Board of Directors of Aircastle Limited certified satisfaction of the applicable performance condition. Each RSU represent a contingent right to acquire one Common Share, subject to ratable vesting on each of March 31, 2018, March 31, 2019 and March 31, 2020.