Charles F. Willis IV - 08 Dec 2023 Form 4 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Signature
/s/ Charles F. Willis IV
Issuer symbol
WLFC
Transactions as of
08 Dec 2023
Net transactions value
-$70,983
Form type
4
Filing time
12 Dec 2023, 20:44:25 UTC
Previous filing
07 Dec 2023
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLFC Common Stock Sale $35,770 -756 -0.08% $47.31 939,505 08 Dec 2023 Direct F1, F2
transaction WLFC Common Stock Sale $13,700 -292 -0.03% $46.92 939,213 11 Dec 2023 Direct F1, F3
transaction WLFC Common Stock Sale $478 -10 -0% $47.80 939,203 11 Dec 2023 Direct F1
transaction WLFC Common Stock Sale $20,563 -441 -0.05% $46.63 938,762 12 Dec 2023 Direct F1, F4
transaction WLFC Common Stock Sale $472 -10 -0% $47.23 938,752 12 Dec 2023 Direct F1
holding WLFC Common Stock 11,498 08 Dec 2023 Spouse F5
holding WLFC Common Stock 2,134,148 08 Dec 2023 CFW Partners
holding WLFC Common Stock 584 08 Dec 2023 Granddaughter F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $46.82 to $47.80, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) of this Form 4.
F3 This transaction was executed in multiple trades at prices ranging from $46.39 to $47.31, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) of this Form 4.
F4 This transaction was executed in multiple trades at prices ranging from $46.21 to $47.195, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) of this Form 4.
F5 Charlotte Montressor Willis.
F6 Wilder Grace Willis 2016 Trust.