Wright Frederick Craig 4
4 · AerSale Corp · Filed Oct 26, 2021
Insider Transaction Report
Form 4
AerSale CorpASLE
Wright Frederick Craig
See Remarks
Transactions
- Conversion
Common Stock
2021-10-22+13,065→ 47,114 total - Conversion
Contingent Earnout Shares
2021-10-22−13,065→ 0 total→ Common Stock (13,065 underlying) - Tax Payment
Common Stock
2021-10-22$18.83/sh−4,880$91,890→ 42,234 total
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.