SEC Form 4 · accession 0001179110-15-012616

AIR LEASE CORP · AL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven F Udvar-Hazy

Officer — Chairman and CEO · Director

Period of report

Aug 24, 2015

Accepted (ET)

Aug 25, 2015 · 5:18 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001487712

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Air Lease Corporation-Class A Common Stock	Apr 15, 2014	G	253,333	$0.00	D	779,159	D
Air Lease Corporation- Class A Common Stock^F2	Apr 15, 2014	G	253,333	$0.00	A	1,206,558	I	See footnote
Air Lease Corporation - Class A Common Stock^F1,F2	Aug 24, 2015	P	3,000	$30.23	A	1,209,558	I	See footnote
Air Lease Corporation - Class A Common Stock^F3	holding	—	—		—	27,700	I	See footnote
Air Lease Corporation Class A Common Stock^F4	holding	—	—		—	10,500	I	See footnote
Air Lease Corporation - Class A Common Stock^F4	holding	—	—		—	13,000	I	See footnote
Air Lease Corporation- Class A Common Stock^F5	holding	—	—		—	18,000	I	See footnote
Air Lease Corporation -Class A Common Stock^F5	holding	—	—		—	10,500	I	See footnote
Air Lease Corporation - Class A Common Stock^F6	holding	—	—		—	328,889	I	See footnote
Air Lease Corporation - Class A Common Stock^F7	holding	—	—		—	101,667	I	See footnote
Air Lease Corporation - Class A Common Stock^F8	holding	—	—		—	35,925	I	See footnote
Air Lease Corporation - Class A Common Stock^F9	holding	—	—		—	2,700,000	I	See footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1$30.23 is the weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $30.22 to $30.25. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 1 to this Form 4.
F2These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.
F3These shares are owned by the reporting person's wife. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
F4These shares are owned by one of the reporting person's daughters. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
F5These shares are owned by one of the reporting person's sons. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
F6These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder and one of three directors.
F7These shares are held by Ocean Equities, Inc. A trust, of which the reporting person is the trustee, is the sole stockholder of Ocean Equities, Inc. The reporting person is also one of three directors of Ocean Equities, Inc.
F8These shares are held by Emerald Financial LLC. A trust, of which the reporting person is the trustee, controls a majority of the membership interests of Emerald Financial LLC. Additionally, the reporting person is one of three managers of Emerald Financial LLC.
F9These shares are held by the Hazy Family Community Trust 5/28/85, of which the reporting person is the trustee.