INGLESE MICHAEL 4
4 · Aircastle LTD · Filed Dec 26, 2019
Insider Transaction Report
Form 4
Transactions
- Award
Common Shares
2019-12-24+41,582→ 833,303 total - Award
Common Shares
2019-12-24+91,542→ 527,097 total - Tax Payment
Common Shares
2019-12-24$31.98/sh−261,631$8,366,959→ 571,672 total - Award
Common Shares
2019-12-24+73,996→ 435,555 total - Award
Common Shares
2019-12-24+264,624→ 791,721 total
Footnotes (7)
- [F1]Represents accelerated vesting of performance share units ("PSUs") which were granted under the Amended and Restated Aircastle Limited 2014 Omnibus Incentive Plan (the "Plan") and converted into common shares on a one-for-one basis effective December 24, 2019.
- [F2]The reporting person was granted the PSUs on March 21, 2017.
- [F3]The reporting person was granted the PSUs on June 6, 2017.
- [F4]The reporting person was granted the PSUs on February 9, 2018.
- [F5]The reporting person was granted the PSUs on February 8, 2019.
- [F6]Represents common shares repurchased by the Company pursuant to an irrevocable election made by the reporting person under the award agreement, with the proceeds of such repurchase being applied to the reporting person's federal and state tax obligations arising from the accelerated vesting of 471,744 PSUs granted under the Plan.
- [F7]The number of common shares withheld is based on the closing price on December 23, 2019, the last trading day preceding the date such shares were withheld, as provided in the Plan.