Robert Milton - May 5, 2021 Form 4 Insider Report for AIR LEASE CORP (AL)

Role: Director
Signature: /s/ Carol H. Forsyte, on behalf of Robert A. Milton (Power of Attorney on File)
Stock symbol: AL
Transactions as of: May 5, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/7/2021, 10:17 AM
Next filing: May 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AL	Air Lease Corporation - Class A Common Stock	Gift	$0	-9.99K	-21.86%	$0.00	35.7K	Mar 12, 2021	Direct
transaction	AL	Air Lease Corporation - Class A Common Stock	Award	$0	+2.68K	+7.49%	$0.00	38.4K	May 5, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Restricted stock units (RSUs) granted under the Air Lease Corporation 2014 Equity Incentive Plan, in connection with the reporting person's service as a member of the Board of Directors of the Issuer. Subject to certain conditions, all of these RSUs will vest in full on May 5, 2022, the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock on the vesting date.

Content

Restricted stock units (RSUs) granted under the Air Lease Corporation 2014 Equity Incentive Plan, in connection with the reporting person's service as a member of the Board of Directors of the Issuer. Subject to certain conditions, all of these RSUs will vest in full on May 5, 2022, the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock on the vesting date.