Filing Details

Accession Number:
0001179110-18-004611
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-19 17:27:19
Reporting Period:
2018-03-16
Accepted Time:
2018-03-19 17:27:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1487712 Air Lease Corp AL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1244781 F Steven Udvar-Hazy Air Lease Corporation,
2000 Avenue Of The Stars, Suite 1000N
Los Angeles CA 90067
Executive Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Air Lease Corporation - Class A Common Stock Acquisiton 2018-03-16 31,363 $20.00 959,175 No 4 M Direct
Air Lease Corporation - Class A Common Stock Disposition 2018-03-16 30,363 $44.25 928,812 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2018-03-16 31,363 $0.00 31,363 $20.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,603,637 2011-06-04 2020-06-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Air Lease Corporation - Class A Common Stock 28,100 Indirect See footnote
Air Lease Corporation - Class A Common Stock 10,800 Indirect See footnote
Air Lease Corporation - Class A Common Stock 13,400 Indirect See footnote
Air Lease Corporation - Class A Common Stock 10,900 Indirect See footnote
Air Lease Corporation- Class A Common Stock 18,400 Indirect See footnote
Air Lease Corporation - Class A Common Stock 400 Indirect See footnote
Air Lease Corporation - Class A Common Stock 200 Indirect See footnote
Air Lease Corporation - Class A Common Stock 328,889 Indirect See footnote
Air Lease Corporation - Class A Common Stock 101,667 Indirect See footnote
Air Lease Corporation - Class A Common Stock 35,925 Indirect See footnote
Air Lease Corporation - Class A Common Stock 2,700,000 Indirect See footnote
Air Lease Corporation - Class A Common Stock 1,199,558 Indirect See footnote
Footnotes
  1. Represents the shares of the Issuer's Class A Common Stock issued to the reporting person upon the exercise of stock options granted under the Amended and Restated Air Lease Corporation 2010 Equity Incentive Plan.
  2. $44.2503 is the weighted average sales price. These shares were sold in multiple transactions at prices ranging from $44.25 to $44.26. 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 2 to this Form 4.
  3. These 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.
  4. These 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.
  5. These 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
  6. These 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.
  7. These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.
  8. These 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.
  9. These 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.
  10. These shares are held by the Hazy Family Community Property Trust 5/28/85, of which the reporting person is the trustee and beneficial owner.
  11. These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.
  12. Employee 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 4, 2011.