November 14, 2025 · Form 4 insider transaction
WILLIS CHARLES F IV bought 300,000 shares of Willis Lease Finance Corp at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
This option was granted with an exercise price equal to the greater of (i) Fair Market Value (as defined in the Issuer's 2023 Incentive Stock Plan) of the Issuer's common stock on November 10, 2025 (the "Grant Date") and (ii) the five-day average volume weighted average Fair Market Value of the Issuer's common stock for the five trading days occurring from (and including) the Grant Date through (and including) November 14, 2025. Accordingly, once the exercise price for this option was fixed on November 14, 2025, this option became a "derivative security," as such term is defined in Rule 16a-1(c) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and reportable under Section 16 of the Exchange Act.; This option vests in four equal installments on November 10, 2026, November 10, 2027, November 10, 2028, and November 10, 2029.