AerSale Corp — Director's Dealing 2021

Feb 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AerSale Corp (ASLE)
CIK: 0001754170
Period of Report: 2020-12-22

Reporting Person: Nezaj Iso (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-27	Common Stock	C	12909	—	Acquired	37109	Direct
2021-01-27	Common Stock	F	3471	$15.05	Disposed	33638	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-22	Contingent Earnout Shares	$	A	12909	Acquired		Common Stock (12909)	Direct
2020-12-22	Contingent Earnout Shares	$	A	12909	Acquired		Common Stock (12909)	Direct
2021-01-27	Contingent Earnout Shares	$	C	12909	Disposed		Common Stock (12909)	Direct

Footnotes

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.