SEC Form 4 · accession 0001179110-18-008443
AIR LEASE CORP · AL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grant A Levy
Officer — EVP
Period of report
Jun 12, 2018
Accepted (ET)
Jun 13, 2018 · 4:35 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 | Jun 12, 2018 | M | 30,000 | $20.00 | A | 195,399 | D | |
| Air Lease Corporation - Class A Common StockF1 | Jun 12, 2018 | S | 27,000 | $45.0458 | D | 168,399 | D | |
| Air Lease Corporation -Class A Common StockF2 | holding | — | — | — | 1,000 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF2 | holding | — | — | — | 1,000 | I | See footnote | |
| Air Lease Corporation - Class A Common StockF2 | holding | — | — | — | 1,000 | I | See footnote |
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)F3 | $20.00 | Jun 12, 2018 | M | 30,000 | D | Jun 30, 2011 | Jul 14, 2020 | Air Lease Corporation - Class A Common Stock | 30,000 | 78,000 | D |
Explanation of responses
- F1$45.0458 is the weighted average sales price. These shares were sold in multiple transactions at prices ranging from $44.96 to $45.16. 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.
- F2These 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 to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purposes.
- F3Employee 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.