Winter Douglas C. 4
4 · Aircastle LTD · Filed Dec 26, 2019
Insider Transaction Report
Form 4
Winter Douglas C.
Chief Commercial Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2019-12-24$31.98/sh−5,272$168,599→ 46,528 total - Award
Class A Common Stock, par value $0.01 per share
2019-12-24+16,800→ 51,800 total
Footnotes (4)
- [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 April 29, 2019.
- [F3]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 16,800 PSUs granted under the Plan.
- [F4]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.