AIR LEASE CORP — Director's Dealing 2017

Feb 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR LEASE CORP (AL)
CIK: 0001487712
Period of Report: 2017-02-23

Reporting Person: Chen Jie (EVP & Managing Director, Asia)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-23	Air Lease Corporation- Class A Common Stock	A	5392	—	Acquired	241371.0240	Direct
2017-02-23	Air Lease Corporation- Class A Common Stock	A	18695	—	Acquired	260066.0240	Direct
2017-02-23	Air Lease Corporation - Class A Common Stock	F	9077	$39.27	Disposed	250989.0240	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Air Lease Corporation - Class A Common Stock	400	Indirect

Footnotes

F1: Includes shares acquired through the reinvestment of dividends.

F2: Shares issued upon the vesting of performance-based restricted stock units granted in February 2014 under the Amended and Restated Air Lease Corporation 2010 Equity Incentive Plan and in February 2015 and February 2016 under the Air Lease Corporation 2014 Equity Incentive Plan.

F3: Shares held for the reporting person's son under the Uniform Gifts to Minor Act. The reporting person 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 an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.