X0306 4 2016-05-04 0 0001487712 AIR LEASE CORP AL 0001024382 LARSEN MARSHALL O C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS. SUITE 1000N LOS ANGELES CA 90067 1 0 0 0 Air Lease Corporation- Class A Common Stock 2016-05-04 4 A 0 3982 0 A 14614 D 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 4, 2017, 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. Carol H. Forsyte, on behalf of Marshall O. Larsen (Power of Attorney On File) 2016-05-06