AIR LEASE CORP — Director's Dealing 2014

Oct 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR LEASE CORP (AL)
CIK: 0001487712
Period of Report: 2014-10-24

Reporting Person: Levy Grant A (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-24	Air Leaee Corporation- Class A Common Stock	S	1500	$35.00	Disposed	151471	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Air Lease Corporation -Class A Common Stock	500	Indirect
Air Lease Corporation - Class A Common Stock	500	Indirect
Air Lease Corporation - Class A Common Stock	500	Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2014.

F2: These shares are owned by one of the Reporting Person's sons. The Reporting Person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purposes.