Sec Form 4 Filing - Green Equity Investors CF, L.P. @ AerSale Corp - 2022-12-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Green Equity Investors CF, L.P.
2. Issuer Name and Ticker or Trading Symbol
AerSale Corp [ ASLE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
11111 SANTA MONICA BLVD., SUITE 2000
3. Date of Earliest Transaction (MM/DD/YY)
12/14/2022
(Street)
LOS ANGELES, CA90025
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/14/2022 S 82,602( 1 ) D $ 10 12,946,524( 2 )( 3 )( 4 )( 5 ) D
Common Stock 12/14/2022 S 29,482( 6 ) D $ 10 4,620,740( 3 )( 4 )( 5 )( 7 ) D
Common Stock 12/14/2022 S 16( 8 ) D $ 10 2,557( 3 )( 4 )( 5 )( 9 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Green Equity Investors CF, L.P.
11111 SANTA MONICA BLVD.
SUITE 2000
LOS ANGELES, CA90025
X X
GEI Capital CF, LLC
11111 SANTA MONICA BLVD.
SUITE 2000
LOS ANGELES, CA90025
X X
Green Equity Investors Side CF, L.P.
11111 SANTA MONICA BLVD.
SUITE 2000
LOS ANGELES, CA90025
X X
Leonard Green & Partners, L.P.
11111 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA90025
X X
LGP Associates CF, LLC
11111 SANTA MONICA BLVD.
SUITE 2000
LOS ANGELES, CA90025
X X
LGP MANAGEMENT INC
11111 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA90025
X X
PERIDOT COINVEST MANAGER LLC
11111 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA90025
X X
Signatures
/s/ Andrew C. Goldberg, attorney-in-fact 12/16/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares of common stock, par value $0.0001 per share ("Common Stock") of the Issuer sold by Green Equity Investors CF, L.P. ("Main CF"). In connection with the 2020 transactions associated with the business combination of Monocle Acquisition Corporation, AerSale Corporation (f/k/a Monocle Holdings, Inc.) and AerSale Aviation, Inc. (f/k/a AerSale Corp.), Main CF, Green Equity Investors Side CF, L.P. ("Side CF") and LGP Associates CF LLC ("Associates CF") gave a purchase right to two members of senior management to acquire up to an aggregate of 112,100 shares of the Common Stock held by Main CF, Side CF and Associates CF at the price set forth on this row. Such purchase right was exercised in full.
( 2 )Represents shares of Common Stock owned by Main CF.
( 3 )GEI Capital CF, LLC ("Capital") is the general partner of Main CF and Side CF. Leonard Green & Partners, L.P. ("LGP") is the management company of Main CF and Side CF, and an affiliate of Capital. LGP Management, Inc. ("LGPM") is the general partner of LGP. Peridot Coinvest Manager LLC ("Peridot") is the management company of Associates CF.
( 4 )Each of Main CF, Side CF, Associates CF, Capital, LGP, LGPM, and Peridot directly (whether through ownership or position), or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares of Common Stock held by Main CF, Side CF, and Associates CF and, therefore, a "ten percent holder" hereunder.
( 5 )Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein and not held for record by such Reporting Person, except to the extent of its pecuniary interest therein. This report shall not otherwise be deemed an admission that the Reporting Persons are the beneficial owners of such securities not held of record by the respective Reporting Person, for purposes of Section 16 or for any other purpose.
( 6 )Represents shares of Common Stock sold by Side CF. In connection with the 2020 transactions associated with the business combination of Monocle Acquisition Corporation, AerSale Corporation (f/k/a Monocle Holdings, Inc.) and AerSale Aviation, Inc. (f/k/a AerSale Corp.), Main CF, Side CF and Associates CF gave a purchase right to two members of senior management to acquire up to an aggregate of 112,100 shares of the Common Stock held by Main CF, Side CF and Associates CF at the price set forth on this row. Such purchase right was exercised in full.
( 7 )Represents shares of Common Stock owned by Side CF.
( 8 )Represents shares of Common Stock sold by Associates CF. In connection with the 2020 transactions associated with the business combination of Monocle Acquisition Corporation, AerSale Corporation (f/k/a Monocle Holdings, Inc.) and AerSale Aviation, Inc. (f/k/a AerSale Corp.), Main CF, Side CF and Associates CF gave a purchase right to two members of senior management to acquire up to an aggregate of 112,100 shares of the Common Stock held by Main CF, Side CF and Associates CF at the price set forth on this row. Such purchase right was exercised in full.
( 9 )Represents shares of Common Stock owned by Associates CF.

Remarks:
Messrs. Jonathan Seiffer and Michael Kirton are members of the board of directors of the Issuer, and each is a partner of LGP, which is an affiliate of the other Reporting Persons (the "LGP Entities"). Accordingly, Messrs. Seiffer and Kirton may be determined to represent the interests of the LGP Entities on the board of directors of the Issuer, and accordingly, the LGP Entities may be deemed to be a director for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

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