Nicolas Finazzo - 22 Dec 2020 Form 4 Insider Report for AerSale Corp (ASLE)

Role
Chairman and Chief Executive Officer, Director
Signature
/s/ James Fry, Attorney-in-fact For Nicolas Finazzo
Issuer symbol
ASLE
Transactions as of
22 Dec 2020
Transactions value $
$585,970
Form type
4
Filing time
16 Dec 2022, 15:24:26 UTC
Next filing
17 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASLE Common Stock Exercise of in-the-money or at-the-money derivative security $585,970 +58,597 +1.42% $10.00 4,190,846 14 Dec 2022 See footnote 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
transaction ASLE Stock Option (right to buy) Other +58,597 58,597 22 Dec 2020 Common Stock 58,597 $10.00 See footnote F1, F2
transaction ASLE Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -58,597 -100% $0.000000* 0 14 Dec 2022 Common Stock 58,597 $10.00 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock held by Enarey, L.P. ("Enarey"). Mr. Finazzo is the sole member and manager of Enarey, LLC, which is the sole general partner of Enarey. Accordingly, all of the shares held by Enarey may be deemed to be beneficially held by Mr. Finazzo.
F2 In connection with the transactions contemplated by the business combination of Monocle Acquisition Corporation ("Monocle"), AerSale Corporation (f/k/a Monocle Holdings, Inc.) (following the business combination, the "Issuer") and AerSale Aviation, Inc. (f/k/a AerSale Corp.) ("AerSale Aviation"), on September 8, 2020, the Reporting Person entered into an agreement with certain equityholders of the AerSale Corp.Aviation pursuant to which the Reporting Person acquired the right to purchase up to 58,597 shares of Common Stock in exchange for agreeing to reduce the cash consideration received by the Reporting Person in the business combination.

Remarks:

Chairman and Chief Executive Officer