Robert B. Nichols - Dec 22, 2023 Form 4 Insider Report for AerSale Corp (ASLE)

Signature
/s/ James Fry, Attorney-in-fact for Robert B. Nichols
Stock symbol
ASLE
Transactions as of
Dec 22, 2023
Transactions value $
-$2,567,588
Form type
4
Date filed
12/27/2023, 04:49 PM
Previous filing
Apr 4, 2022
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASLE Common Stock Tax liability -$2.57M -197K -5.41% $13.05 3.44M Dec 22, 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the vesting of 500,000 performance stock units ("PSUs") previously granted to Mr. Nichols, AerSale Corporation withheld 196,750 shares of its common stock, par value $0.0001 per share ("Common Stock"), to cover Mr. Nichols' tax withholding obligations with respect to the vesting of such PSUs.
F2 Represents shares of Common Stock held by ThoughtValley L.P. ("ThoughtValley"). Mr. Nichols is the sole member and manager of ThoughtValley, LLC, which is the sole general partner of ThoughtValley. Accordingly, all of the shares of Common Stock held by ThoughtValley may be deemed to be beneficially held by Mr. Nichols.

Remarks:

Vice Chairman, Division President, Asset Management Solutions and Director