Dean M. Poulakidas - 14 May 2025 Form 4 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Reporting relationship: EVP, GEN. COUNSEL, SECRETARY
Issuer ticker: WLFC
Reported as of: 14 May 2025
Net transaction value: -$2,381,960
SEC form: 4
Accepted by SEC: 16 May 2025, 16:50:17 UTC
Prior SEC filing: 02 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Dean Poulakidas

Key filing fact

Dean M. Poulakidas filed Form 4 for WILLIS LEASE FINANCE CORP (WLFC) on 16 May 2025.

Key facts

This page summarizes Dean M. Poulakidas's Form 4 filing for WILLIS LEASE FINANCE CORP (WLFC).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 May 2025, 16:50.

Change

Previous filing in this sequence was filed on 02 Apr 2025.
Current net transaction value: -$2,381,960.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001573998 Primary reporting owner

Poulakidas Dean Michael

Relationship: EVP, GEN. COUNSEL, SECRETARY
Address: 4700 LYONS TECHNOLOGY PARKWAY, COCONUT CREEK
Signature: /s/ Dean Poulakidas
Signature date: 16 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WLFC transaction

Common Stock

Options Exercise

Transaction value
Shares: +2,433
Change %: +1.4%
Price
Shares after: 173,429
Date: 14 May 2025
Ownership: Direct
Footnotes: F2

WLFC transaction

Common Stock

Tax liability

Transaction value: $2,381,960
Shares: -17,014
Change %: -9.8%
Price: $140.00
Shares after: 156,415
Date: 14 May 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WLFC transaction Derivative

Performance-based Restricted Stock Award

Options Exercise

Transaction value
Shares: -2,433
Change %: -100%
Price
Shares after: 0
Date: 14 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,433
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Dean M. Poulakidas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Return to issuer of previously restricted shares to satisfy withholding tax liability.

Footnote F2

Grant of performance-based restricted stock award ("PSA") subject to performance-based and time-based vesting over two years. Performance-based vesting criteria included a combination of profitability of the Issuer's services businesses, growth of the Issuer's leasing portfolio and the viability of the Issuer's Sustainable Aviation Fuel initiative. Each PSA represents a contingent right to receive one share of the Issuer's common stock to the extent the performance-based criteria is met. The vesting of some of the PSA was accelerated upon the separation of the Reporting Person.