Ian M. Saines - May 5, 2021 Form 4 Insider Report for AIR LEASE CORP (AL)

Role
Director
Signature
/s/ Carol H. Forsyte. on behalf of Ian M. Saines (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, 10:23 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 Award $0 +2.68K +7.09% $0.00 40.4K May 5, 2021 Direct F1, F2
* 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 a deferred settlement date, subject to the terms of the award agreement.
F2 Includes restricted stock units received pursuant to dividend equivalent rights which were credited to the reporting person when and as dividends were paid on the Issuer's Class A Common Stock.