4//SEC Filing
Barimo Basil 4
Accession 0001104659-21-130109
CIK 0001754170other
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 6:52 PM ET
Size
9.1 KB
Accession
0001104659-21-130109
Insider Transaction Report
Form 4
AerSale CorpASLE
Barimo Basil
See Remarks
Transactions
- Tax Payment
Common Stock
2021-10-22$18.83/sh−8,176$153,954→ 54,197 total - Conversion
Common Stock
2021-10-22+17,267→ 62,373 total - Conversion
Contingent Earnout Shares
2021-10-22−17,267→ 0 total→ Common Stock (17,267 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 $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 Amended and Restated Merger Agreement, dated as of September 8, 2020 by and among the Issuer, Aersale Aviation, Inc., Monocle, Monocle Merger Sub 1 Inc., Monocle Merger Sub 2 LLC, and Leonard Green & Partners, L.P.
- [F2]The Reporting Person's right to receive shares pursuant to this earn-out became fixed and irrevocable on December 22, 2020, the effective date of the merger.
Documents
Issuer
AerSale Corp
CIK 0001754170
Entity typeother
Related Parties
1- filerCIK 0001837788
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 6:52 PM ET
- Size
- 9.1 KB