Dean M. Poulakidas - May 14, 2025 Form 4 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Signature
/s/ Dean Poulakidas
Stock symbol
WLFC
Transactions as of
May 14, 2025
Transactions value $
-$2,381,960
Form type
4
Date filed
5/16/2025, 04:50 PM
Previous filing
Apr 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Poulakidas Dean Michael EVP, GEN. COUNSEL, SECRETARY 4700 LYONS TECHNOLOGY PARKWAY, COCONUT CREEK /s/ Dean Poulakidas 2025-05-16 0001573998

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLFC Common Stock Options Exercise +2.43K +1.42% 173K May 14, 2025 Direct F2
transaction WLFC Common Stock Tax liability -$2.38M -17K -9.81% $140.00 156K May 14, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WLFC Performance-based Restricted Stock Award Options Exercise -2.43K -100% 0 May 14, 2025 Common Stock 2.43K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Dean M. Poulakidas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Return to issuer of previously restricted shares to satisfy withholding tax liability.
F2 Grant of performance-based restricted stock award ("PSA") subject to performance-based and time-based vesting over two years. Performance-based vesting criteria included a combination of profitability of the Issuer's services businesses, growth of the Issuer's leasing portfolio and the viability of the Issuer's Sustainable Aviation Fuel initiative. Each PSA represents a contingent right to receive one share of the Issuer's common stock to the extent the performance-based criteria is met. The vesting of some of the PSA was accelerated upon the separation of the Reporting Person.