SEC Form 4 · accession 0001362988-19-000037
Aircastle LTD · AYR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Inglese
Officer — Chief Executive Officer
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 4:09 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 8, 2019 | A | 47,155 | $0.00 | A | 341,624 | D | |
| Common SharesF2 | Feb 8, 2019 | A | 36,878 | $0.00 | A | 378,502 | D |
Table II — derivative securities
No Table II lines on this filing.
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, 2020, January 1, 2021 and January 1, 2022 subject to the terms of the 2014 Plan and related grant documents.
- F2On March 11, 2016, the reporting person was granted Performance Share Units (the "PSU's"). The PSU's, which vested as of December 31, 2018, were subject to the reporting person's continued employment by the Company and the achievement of specific performance criteria, as determined by the Compensation Committee. Effective February 8, 2019, the Compensation Committee determined the performance criteria had been achieved.