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SUMISHO AIR LEASE CORP
AL
Total Value
$4.5M
Company Information
- Company Name
- SUMISHO AIR LEASE CORP
- Ticker Symbol
- AL
- CIK
- 0001487712
Insider Information
- Name
- Willis Gregory B
- Role
- Insider
- Location
- LOS ANGELES, CA
Filing Details
- Filing Date
- Apr 10, 2026
- Transaction Date
- Apr 8, 2026
- Accession Number
- 0001511961-26-000008
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Apr 8, 2026 | Air Lease Corporation - Class A Common Stock | 68,923 | $65.00 | Disposition | $4.5M |
Footnotes
- (F1)Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), with Sumisho Air Lease Corporation Designated Activity Company, an Irish private limited company ("Parent"), and Takeoff Merger Sub Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving as an indirect wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's Class A common stock, par value $0.01 per share ("Common Stock") that was issued and outstanding as of immediately prior to the Effective Time was automatically cancelled, extinguished and converted into the right to receive $65.00 per share in cash, without interest thereon (the "Per Share Price").
- (F2)The shares of Common Stock reported as disposed by the reporting person include 5,594 unvested restricted stock units ("RSUs"), which were cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of the Per Share Price and the total number of unvested RSUs (the "Converted Cash Awards"). The Converted Cash Awards are subject to the same vesting terms and conditions as applied to such RSUs immediately prior to the Effective Time.