Home > Insider Trading > Filing (0001140361-13-044239)

Filing Details

Accession Number:: 0001140361-13-044239
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-11-26 16:40:37
Reporting Period:: 2013-06-05

Filing Date:: 2013-11-26
Accepted Time:: 2013-11-26 16:40:37
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1487712	Air Lease Corp	AL	Services-Equipment Rental & Leasing, Nec (7359)	271840403

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1026610	Jr L Wilbur Ross	328 El Vedado Road Palm Beach FL 33480		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Air Lease Corporation - Class A Common Stock	Disposition	2013-06-05	1,866,928	$26.57	2,366,072	No	4	S	Indirect	See footnotes
Air Lease Corporation - Class A Common Stock	Disposition	2013-06-05	7,498	$26.57	9,502	No	4	S	Indirect	See footnotes
Air Lease Corporation - Class A Common Stock	Disposition	2013-11-26	2,366,072	$30.88	0	No	4	S	Indirect	See footnotes
Air Lease Corporation - Class A Common Stock	Disposition	2013-11-26	9,502	$30.88	0	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Air Lease Corporation - Class A Common Stock	10,624	Direct

Footnotes

Represents shares sold by WLR Recovery Fund IV, L.P.
WLR Recovery Fund IV, L.P. ("Fund IV") is the direct owner of the shares. Wilbur L. Ross, Jr. is the president and chief executive officer of WL Ross & Co. LLC and the managing member of El Vedado, LLC. El Vedado, LLC is the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC. WLR Recovery Associates IV LLC is the general partner of Fund IV. WL Ross & Co. LLC serves as the investment manager to Fund IV. Accordingly, each of WL Ross & Co. LLC, Wilbur L. Ross, Jr., El Vedado, LLC, WL Ross Group, L.P. and WLR Recovery Associates IV LLC may be deemed to be a beneficial owner of some or all the shares of Common Stock owned by Fund IV.
(Footnote 2 contd.) The reporting person expressly disclaims beneficial ownership over these shares of Class A Common Stock, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
Represents shares sold by WLR IV Parallel ESC, L.P.
WLR IV Parallel ESC, L.P. (the "Parallel Fund") is the direct owner of the shares. Wilbur L. Ross, Jr. is the managing member of El Vedado, LLC and the chairman and president of Invesco Private Capital, Inc. El Vedado, LLC is the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC. Invesco Private Capital, Inc. is the managing member of INVESCO WLR IV Associates LLC, which in turn is the general partner of the Parallel Fund. INVESCO WLR IV Associates LLC and WLR Recovery Associates IV LLC have entered into a parallel investment agreement pursuant to which WLR Recovery Associates IV LLC has been appointed as representative and attorney of the Parallel Fund to, among other things, exercise all rights, powers and privileges with respect to the Common Stock owned by the Parallel Fund and to take whatever action, including voting such Class A Common Stock, as WLR Recovery Associates IV LLC in its discretion deems fit.
(Footnote 5 contd.) Accordingly, each of Wilbur L. Ross, Jr., El Vedado, LLC, WL Ross Group, L.P., WLR Recovery Associates IV LLC, Invesco Private Capital, Inc. and INVESCO WLR IV Associates LLC may be deemed to be a beneficial owner of some or all the shares of Common Stock owned by the Parallel Fund. The reporting person expressly disclaims beneficial ownership over these shares of Class A Common Stock, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
7,905 of the securities reported on this row are shares of the Issuer's Class A Common Stock. 2,719 of the securities reported on this row are restricted stock units ("RSUs") granted to Mr. Ross under the Amended and Restated Air Lease Corporation 2010 Equity Incentive Plan. The RSUs can be settled only for stock, and will vest on May 8, 2014, provided Mr. Ross is still a member of the Issuer's board of directors at such time.