Frederick Craig Wright - 22 Oct 2021 Form 4 Insider Report for AerSale Corp (ASLE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 Oct 2021, 18:53:05 UTC
Next SEC filing
04 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Martin Garmendia, Attorney-in-fact For Craig Wright

Key filing fact

Frederick Craig Wright filed Form 4 for AerSale Corp (ASLE) on 26 Oct 2021.

Key facts

  • This page summarizes Frederick Craig Wright's Form 4 filing for AerSale Corp (ASLE).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Oct 2021, 18:53.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$91,890.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASLE transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+13,065
Change %
+38%
Price
Shares after
47,114
Date
22 Oct 2021
Ownership
Direct
Footnotes
F1, F2
ASLE transaction

Common Stock

Tax liability

Transaction value
$91,890
Shares
-4,880
Change %
-10%
Price
$18.83
Shares after
42,234
Date
22 Oct 2021
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASLE transaction Derivative

Contingent Earnout Shares

Conversion of derivative security

Transaction value
$0
Shares
-13,065
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Oct 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,065
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares of Common Stock that may be issued to the Reporting Person if the closing sale price of Common Stock equals or exceeds $15.00 per share for any period of 20 trading days out of 30 consecutive trading days prior to December 22, 2025, pursuant to an "earn out" provision in the Amended and Restated Merger Agreement, dated as of September 8, 2020 by and among the Issuer, Aersale Aviation, Inc., Monocle, Monocle Merger Sub 1 Inc., Monocle Merger Sub 2 LLC, and Leonard Green & Partners, L.P.

Footnote F2

The Reporting Person's right to receive shares pursuant to this earn-out became fixed and irrevocable on December 22, 2020, the effective date of the merger.

SEC remarks

Division President, Aircraft & Engine Management.

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