SEC Form 4 · accession 0001179110-18-004863

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

Mar 26, 2018

Accepted (ET)

Mar 27, 2018 · 4:39 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	Mar 26, 2018	A	14,170	$0.00	A	942,982	D
Air Lease Corporation - Class A Common Stock^F1	holding	—	—		—	28,100	I	See footnote
Air Lease Corporation - Class A Common Stock^F2	holding	—	—		—	10,800	I	See footnote
Air Lease Corporation - Class A Common Stock^F2	holding	—	—		—	13,400	I	See footnote
Air Lease Corporation - Class A Common Stock^F3	holding	—	—		—	10,900	I	See footnote
Air Lease Corporation- Class A Common Stock^F3	holding	—	—		—	18,400	I	See footnote
Air Lease Corporation - Class A Common Stock^F4	holding	—	—		—	400	I	See footnote
Air Lease Corporation - Class A Common Stock^F4	holding	—	—		—	200	I	See footnote
Air Lease Corporation - Class A Common Stock^F5	holding	—	—		—	328,889	I	See footnote
Air Lease Corporation - Class A Common Stock^F6	holding	—	—		—	101,667	I	See footnote
Air Lease Corporation - Class A Common Stock^F7	holding	—	—		—	35,925	I	See footnote
Air Lease Corporation - Class A Common Stock^F8	holding	—	—		—	2,700,000	I	See footnote
Air Lease Corporation - Class A Common Stock^F9	holding	—	—		—	1,199,558	I	See footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1These 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.
F2These 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.
F3These 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
F4These shares are held by the reporting person as custodian for one of the reporting person's grandchildren 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.
F5These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.
F6These shares are held by Ocean Equities, Inc. which is 100% owned by the Hazy Family Community Property Trust 5/28/85 of which the reporting person is the trustee and beneficial owner.
F7These 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.
F8These shares are held by the Hazy Family Community Property Trust 5/28/85, of which the reporting person is the trustee and beneficial owner.
F9These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.