Clifton Dameron - 14 May 2025 Form 3 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Role: SVP, GC & Corporate Secretary
Signature: /s/ Clifton Dameron
Issuer symbol: WLFC
Transactions as of: 14 May 2025
Net transactions value: $0
Form type: 3
Filing time: 27 May 2025, 19:43:52 UTC
Next filing: 03 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Dameron Clifton	SVP, GC & Corporate Secretary	4700 LYONS TECHNOLOGY PARKWAY, COCONUT CREEK	/s/ Clifton Dameron	27 May 2025	0002070403

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WLFC	Common Stock						5,182	14 May 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
holding	WLFC	Performance-based Restricted Stock Award							14 May 2025	Common Stock	4,864	$212.96	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes grants of time-based restricted stock award vesting as follows: (a) 3,243 shares of the Issuer's common stock vesting over three years and (b) 1,939 shares of the Issuer's common stock vesting as follows: 1,293 shares on May 15, 2026 and 646 shares on November 15, 2026.
F2	Grant of performance-based restricted stock award ("PSA") subject to performance-based and time-based vesting over two years. Performance-based vesting criteria include 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. Reported amount assumes 100% performance-based vesting, but actual number of PSAs earned may be 25% more or less than the reported amount, depending on the extent to which the performance-based vesting criteria are met or not met.

Content

Includes grants of time-based restricted stock award vesting as follows: (a) 3,243 shares of the Issuer's common stock vesting over three years and (b) 1,939 shares of the Issuer's common stock vesting as follows: 1,293 shares on May 15, 2026 and 646 shares on November 15, 2026.

Grant of performance-based restricted stock award ("PSA") subject to performance-based and time-based vesting over two years. Performance-based vesting criteria include 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. Reported amount assumes 100% performance-based vesting, but actual number of PSAs earned may be 25% more or less than the reported amount, depending on the extent to which the performance-based vesting criteria are met or not met.