Charles F. Willis IV - Apr 3, 2023 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: Apr 3, 2023
Transactions value $: $3,528,779
Form type: 4
Date filed: 4/4/2023, 07:35 PM
Previous filing: Nov 14, 2022
Next filing: May 31, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WLFC	Common Stock	Award	$2.26M	+40K	+4.31%	$56.40	968K	Apr 3, 2023	Direct	F1
transaction	WLFC	Common Stock	Award	$3.38M	+60K	+6.2%	$56.40	1.03M	Apr 3, 2023	Direct	F2
transaction	WLFC	Common Stock	Tax liability	-$2.11M	-37.4K	-3.64%	$56.40	991K	Apr 3, 2023	Direct	F3
holding	WLFC	Common Stock						2.13M	Apr 3, 2023	CFW Partners
holding	WLFC	Common Stock						10.7K	Apr 3, 2023	Spouse	F4
holding	WLFC	Common Stock						584	Apr 3, 2023	Granddaughte r	F5

Showing 1 to 6 of 6 entries

* 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	Restrictive Stock Grant vesting over three years.
F2	Performance Stock Grant vesting over one year.
F3	Return to issuer of previously restricted shares to satisfy withholding tax liability.
F4	Charlotte Montressor Willis
F5	Wilder Grace Willis 2016 Trust