SEC Form 4 · accession 0001179110-16-023968
AIR LEASE CORP · AL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald D Sugar
Director
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 11:55 am 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 StockF1 | May 4, 2016 | A | 3,982 | $0.00 | A | 20,889 | D | |
| Air Lease Corporation- Class A Common StockF2 | holding | — | — | — | 50,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units (RSUs) granted under the Air Lease Corporation 2014 Equity Incentive Plan, in connection with the reporting person's service as a member of the Board of Directors of the Issuer. Subject to certain conditions, all of these RSUs will vest in full on May 4, 2017, the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock on the vesting date.
- F2These shares are held by a trust of which the reporting person is a co-trustee.