Clifton Dameron - 14 May 2025 Form 3 Insider Report for WILLIS LEASE FINANCE CORP (WLFC)

Role
SVP, GC & Corporate Secretary
Signature
/s/ Clifton Dameron
Issuer symbol
WLFC
Transactions as of
14 May 2025
Transactions value $
$0
Form type
3
Filing time
27 May 2025, 19:43:52 UTC
Next filing
03 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dameron Clifton SVP, GC & Corporate Secretary 4700 LYONS TECHNOLOGY PARKWAY, COCONUT CREEK /s/ Clifton Dameron 27 May 2025 0002070403

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WLFC Common Stock 5.18K 14 May 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WLFC Performance-based Restricted Stock Award 14 May 2025 Common Stock 4.86K $212.96 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes grants of time-based restricted stock award vesting as follows: (a) 3,243 shares of the Issuer's common stock vesting over three years and (b) 1,939 shares of the Issuer's common stock vesting as follows: 1,293 shares on May 15, 2026 and 646 shares on November 15, 2026.
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.