AIR LEASE CORP — Director's Dealing 2019

May 9, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR LEASE CORP (AL)
CIK: 0001487712
Period of Report: 2019-05-08

Reporting Person: KRONGARD CHERYL GORDON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-08	Air Lease Corporation- Class A Common Stock	A	3390	—	Acquired	31421.96	Direct

Footnotes

F1: Restricted stock units (RSUs) granted under the Air Lease Corporation 2014 Equity Incentive Plan, in connection with the reporting person's service as a member of the Board of Directors of the Issuer. Subject to certain conditions, all of these RSUs will vest in full on May 8, 2020, the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock on a deferred settlement date, subject to the terms of the award agreement.

F2: Includes restricted stock units received pursuant to dividend equivalent rights which were credited to the reporting person when and as dividends were paid on the Issuer's Class A Common Stock.