SEC Form 4 · accession 0001179110-17-003168
AIR LEASE CORP · AL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven F Udvar-Hazy
Officer — Executive Chairman · Director
Period of report
Feb 23, 2017
Accepted (ET)
Feb 24, 2017 · 5:18 pm EST
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 | Feb 23, 2017 | A | 71,105 | $0.00 | A | 919,580 | D | |
| Air Lease Corporation - Class A Common Stock | Feb 23, 2017 | F | 34,522 | $39.27 | D | 885,058 | D | |
| Air Lease Corporation - Class A Common StockF2 | holding | — | — | — | 1,209,558 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF3 | holding | — | — | — | 27,800 | I | See footnote | |
| Air Lease Corporation Class A Common StockF4 | holding | — | — | — | 10,600 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF4 | holding | — | — | — | 13,100 | I | See footnote | |
| Air Lease Corporation- Class A Common StockF5 | holding | — | — | — | 18,100 | I | See footnote | |
| Air Lease Corporation -Class A Common StockF5 | holding | — | — | — | 10,600 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF6 | holding | — | — | — | 100 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF7 | holding | — | — | — | 328,889 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF8 | holding | — | — | — | 101,667 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF9 | holding | — | — | — | 35,925 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF10 | holding | — | — | — | 2,700,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares issued upon the vesting of performance-based restricted stock units granted in February 2014 under the Amended and Restated Air Lease Corporation 2010 Equity Incentive Plan and in February 2015 and February 2016 under the Air Lease Corporation 2014 Equity Incentive Plan.
- F10These shares are held by the Hazy Family Community Trust 5/28/85, of which the reporting person is the trustee
- 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 the reporting person as custodian for his grandson under the California Uniform Transfers to Minors Act. 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.
- F7These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder and one of three directors.
- F8These 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.
- F9These 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.