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4//SEC Filing

Garmendia Martin 4

Accession 0000899243-21-006416

CIK 0001754170other

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 8:30 PM ET

Size

13.7 KB

Accession

0000899243-21-006416

Insider Transaction Report

Form 4
Period: 2020-12-22
Garmendia Martin
See Remarks
Transactions
  • Conversion

    Common Stock

    2021-01-27+2,5237,253 total
  • Tax Payment

    Common Stock

    2021-01-27$15.05/sh748$11,2576,505 total
  • Award

    Contingent Earnout Shares

    2020-12-22+2,5232,523 total
    Common Stock (2,523 underlying)
  • Award

    Contingent Earnout Shares

    2020-12-22+2,5232,523 total
    Common Stock (2,523 underlying)
  • Conversion

    Contingent Earnout Shares

    2021-01-272,5230 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 $13.50 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., Monocole, Monocle Merger Sub 1 Inc., Monocle Merger Sub 2 LLC, and Leonard Green & Partners, L.P (the "Merger Agreement").
  • [F2]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 Merger Agreement.

Issuer

AerSale Corp

CIK 0001754170

Entity typeother

Related Parties

1
  • filerCIK 0001837616

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 8:30 PM ET
Size
13.7 KB