Home/Filings/4/0001104659-21-130112
4//SEC Filing

Garmendia Martin 4

Accession 0001104659-21-130112

CIK 0001754170other

Filed

Oct 25, 8:00 PM ET

Accepted

Oct 26, 6:53 PM ET

Size

9.1 KB

Accession

0001104659-21-130112

Insider Transaction Report

Form 4
Period: 2021-10-22
Garmendia Martin
See Remarks
Transactions
  • Conversion

    Common Stock

    2021-10-22+2,5239,028 total
  • Tax Payment

    Common Stock

    2021-10-22$18.83/sh942$17,7388,086 total
  • Conversion

    Contingent Earnout Shares

    2021-10-222,5230 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 $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.

Issuer

AerSale Corp

CIK 0001754170

Entity typeother

Related Parties

1
  • filerCIK 0001837616

Filing Metadata

Form type
4
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 6:53 PM ET
Size
9.1 KB