AIR LEASE CORP — Director's Dealing 2012

Jul 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR LEASE CORP (AL)
CIK: 0001487712
Period of Report: 2012-06-30

Reporting Person: Baer Marc H (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-30	Class A Common Stock	A	36250	—	Acquired	129912	Direct
2012-06-30	Class A Common Stock	F	13287	$19.41	Disposed	116625	Direct

Footnotes

F1: Represents the shares of the Issuer's Class A Common Stock issued to the reporting person upon the vesting of 36,250 performance-based restricted stock units (RSUs) granted under the Amended and Restated Air Lease Corporation 2010 Equity Incentive Plan.

F2: Represents shares of the Issuer's Class A Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of the RSUs reported in the footnote above.