Garmendia Martin 4
4 · AerSale Corp · Filed Feb 12, 2021
Insider Transaction Report
Form 4
AerSale CorpASLE
Garmendia Martin
See Remarks
Transactions
- Conversion
Common Stock
2021-01-27+2,523→ 7,253 total - Tax Payment
Common Stock
2021-01-27$15.05/sh−748$11,257→ 6,505 total - Award
Contingent Earnout Shares
2020-12-22+2,523→ 2,523 total→ Common Stock (2,523 underlying) - Award
Contingent Earnout Shares
2020-12-22+2,523→ 2,523 total→ Common Stock (2,523 underlying) - Conversion
Contingent Earnout Shares
2021-01-27−2,523→ 0 total→ Common Stock (2,523 underlying)
Footnotes (2)
- [F1]Represents shares of Common Stock that may be issued to the Reporting Person if the closing sale price of Common Stock equals or exceeds $13.50 per share for any period of 20 trading days out of 30 consecutive trading days prior to December 22, 2025, pursuant to an "earn out" provision in the Amended and Restated Merger Agreement, dated as of September 8, 2020 by and among the Issuer, Aersale Aviation, Inc., Monocole, Monocle Merger Sub 1 Inc., Monocle Merger Sub 2 LLC, and Leonard Green & Partners, L.P (the "Merger Agreement").
- [F2]Represents shares of Common Stock that may be issued to the Reporting Person if the closing sale price of Common Stock equals or exceeds $15.00 per share for any period of 20 trading days out of 30 consecutive trading days prior to December 22, 2025, pursuant to an "earn out" provision in the Merger Agreement.