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: Willis Gregory B (SVP FINANCE AND CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-30	Class A Common Stock	A	3750	—	Acquired	21730	Direct
2012-06-30	Class A Common Stock	F	1240	$19.41	Disposed	20490	Direct

Footnotes

F1: Represents the shares of the Issuer's Class A Common Stock issued to the reporting person upon the vesting of 3,750 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.