Flaherty Scott B. 4
4 · WILLIS LEASE FINANCE CORP · Filed Jan 6, 2025
Insider Transaction Report
Form 4
Flaherty Scott B.
EVP, CFO
Transactions
- Award
Common Stock
2025-01-02$212.96/sh+4,154$884,636→ 84,109 total - Award
Performance-based Restricted Stock Award
2025-01-02$212.96/sh+6,231$1,326,954→ 6,231 total→ Common Stock (6,231 underlying)
Footnotes (2)
- [F1]Restrictive Stock Grant vesting over three years.
- [F2]Grant of performance-based restricted stock award ("PSA") subject to performance-based and time-based vesting over two years. Performance-based vesting criteria include a combination of profitability of the Issuer's services businesses, growth of the Issuer's leasing portfolio and the viability of the Issuer's Sustainable Aviation Fuel initiative. Each PSA represents a contingent right to receive one share of the Issuer's common stock to the extent the performance-based criteria is met. Reported amount assumes 100% performance-based vesting, but actual number of PSAs earned may be 25% more or less than the reported amount, depending on the extent to which the performance-based vesting criteria are met or not met.