Garmendia Martin 4
4 · AerSale Corp · Filed Oct 26, 2021
Insider Transaction Report
Form 4
AerSale CorpASLE
Garmendia Martin
See Remarks
Transactions
- Conversion
Common Stock
2021-10-22+2,523→ 9,028 total - Tax Payment
Common Stock
2021-10-22$18.83/sh−942$17,738→ 8,086 total - Conversion
Contingent Earnout Shares
2021-10-22−2,523→ 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 $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.