Charles F. Willis IV - Jan 31, 2024 Form 4 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Charles F. Willis IV
Stock symbol
WLFC
Transactions as of
Jan 31, 2024
Transactions value $
-$39,878
Form type
4
Date filed
2/2/2024, 04:23 PM
Previous filing
Jan 31, 2024
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLFC Common Stock Sale -$25.8K -522 -0.06% $49.51 912K Jan 31, 2024 Direct F1, F2
transaction WLFC Common Stock Sale -$14K -289 -0.03% $48.56 912K Feb 1, 2024 Direct F1, F3
holding WLFC Common Stock 11.5K Jan 31, 2024 Spouse F4
holding WLFC Common Stock 2.13M Jan 31, 2024 CFW Partners
holding WLFC Common Stock 584 Jan 31, 2024 Granddaughter F5
* 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 $49.01 to $49.91, 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 $48.34 to $49.20, 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 Charlotte Montressor Willis.
F5 Wilder Grace Willis 2016 Trust.