Schreiner Joseph 4
4 · Aircastle LTD · Filed Feb 18, 2020
Insider Transaction Report
Form 4
Schreiner Joseph
Executive Vice President, Tech
Transactions
- Award
Common Stock
2020-02-14+1,040→ 50,147 total - Tax Payment
Common Stock
2020-02-14$32.22/sh−295$9,505→ 49,852 total
Footnotes (3)
- [F1]Represents vested performance share units ("PSUs") which were granted on March 21, 2017 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 February 14, 2020.
- [F2]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 vesting of 1,040 PSUs granted under the Plan.
- [F3]The number of common shares withheld is based on the closing price on February 13, 2020, the last trading day preceding the date such shares were withheld, as provided in the Plan.