Robert B. Nichols - Dec 22, 2020 Form 4 Insider Report for AerSale Corp (ASLE)

Role
Vice Chairman, Division President, Asset Management Solutions and Director, Director
Signature
/s/ James Fry, Attorney-in-fact For Robert B. Nichols
Stock symbol
ASLE
Transactions as of
Dec 22, 2020
Transactions value $
$585,970
Form type
4
Date filed
12/16/2022, 03:24 PM
Next filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASLE Common Stock Exercise of in-the-money or at-the-money derivative security $586K +58.6K +1.64% $10.00 3.64M Dec 14, 2022 See footnote 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 ASLE Stock Option (right to buy) Other +58.6K 58.6K Dec 22, 2020 Common Stock 58.6K $10.00 See footnote F1, F2
transaction ASLE Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -58.6K -100% $0.00* 0 Dec 14, 2022 Common Stock 58.6K $10.00 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock held by ThoughtValley, L.P. ("ThoughValley"). Mr. Nichols is the sole member and manager of ThoughtValley, LLC, which is the sole general partner of ThoughtValley. Accordingly, all of the shares held by ThoughtValley may be deemed to be beneficially held by Mr. Nichols.
F2 In connection with the transactions contemplated by the business combination of Monocle Acquisition Corporation ("Monocle"), AerSale Corporation (f/k/a Monocle Holdings, Inc.) (following the business combination, the "Issuer") and AerSale Aviation, Inc. (f/k/a AerSale Corp.) ("AerSale Aviation"), on September 8, 2020, the Reporting Person entered into an agreement with certain equityholders of the AerSale Aviation pursuant to which the Reporting Person acquired the right to purchase up to 58,597 shares of Common Stock in exchange for agreeing to reduce the cash consideration received by the Reporting Person in the business combination.

Remarks:

Vice Chairman, Division President, Asset Management Solutions and Director