AIR LEASE CORP — Director's Dealing 2021

Sep 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR LEASE CORP (AL)
CIK: 0001487712
Period of Report: 2021-08-31

Reporting Person: UDVAR-HAZY STEVEN F (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-31	Air Lease Corporation - Class A Common Stock	P	2000	$39.78	Acquired	1201558	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Air Lease Corporation - Class A Common Stock	1269423	Direct
Air Lease Corporation - Class A Common Stock	30607	Indirect
Air Lease Corporation - Class A Common Stock	12250	Indirect
Air Lease Corporation - Class A Common Stock	15200	Indirect
Air Lease Corporation - Class A Common Stock	12700	Indirect
Air Lease Corporation - Class A Common Stock	20200	Indirect
Air Lease Corporation - Class A Common Stock	2200	Indirect
Air Lease Corporation - Class A Common Stock	2000	Indirect
Air Lease Corporation - Class A Common Stock	1200	Indirect
Air Lease Corporation - Class A Common Stock	36000	Indirect
Air Lease Corporation - Class A Common Stock	329134	Indirect
Air Lease Corporation - Class A Common Stock	102000	Indirect
Air Lease Corporation - Class A Common Stock	2705000	Indirect

Footnotes

F1: These shares are held by the Udvar-Hazy Separate Property Trust, of which the reporting person is the trustee.

F2: These shares are owned by the reporting person's wife. 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 purpose.

F3: These shares are owned by one of the reporting person's daughters. 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 purpose.

F4: 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 an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

F5: These shares are held by the reporting person as custodian for one of the reporting person's grandchildren under the California Uniform Transfers to Minors Act. 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 an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

F6: These shares are held by Emerald Financial LLC. A trust, of which the reporting person is the trustee, controls a majority of the membership interests of Emerald Financial LLC.

F7: These shares are held by Air Intercontinental, Inc., of which the reporting person is the sole stockholder.

F8: These shares are held by Ocean Equities, Inc. which is 100% owned by the Hazy Family Community Property Trust 5/28/85 of which the reporting person is the trustee and beneficial owner.

F9: These shares are held by the Hazy Family Community Property Trust 5/28/85, of which the reporting person is the trustee and beneficial owner.