SEC Form 4 · accession 0001179110-18-008159
AIR LEASE CORP · AL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Poerschke
Officer — EVP
Period of report
Jun 4, 2018
Accepted (ET)
Jun 6, 2018 · 5:22 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 StockF1 | Jun 4, 2018 | S | 12,144 | $44.9753 | D | 43,500 | D | |
| Air Lease Corporation - Class A Common Stock | Jun 6, 2018 | M | 14,000 | $20.00 | A | 57,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $20.00 | Jun 6, 2018 | M | 14,000 | D | Jun 30, 2011 | Jul 14, 2020 | Air Lease Corporation - Class A Common Stock | 14,000 | 0 | D |
Explanation of responses
- F1$44.9753 is the weighted average sales price. These shares were sold in multiple transactions at prices ranging from $45.01 to $44.92. 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 sold at each separate price within the ranges set forth in this footnote 1 to this Form 4.
- F2Employee stock options granted under the Amended and Restated Air Lease Corporation 2010 Equity Incentive Plan, which vested in three equal annual installments beginning on June 30, 2011.