X0303 4 2009-12-22 0 0001362988 Aircastle LTD AYR 0001371090 Wainshal Ron C/O AIRCASTLE ADVISOR LLC 300 FIRST STAMFORD PLACE STAMFORD CT 06905 0 1 0 0 Chief Executive Officer Common Shares 2009-12-22 4 A 0 66300 0.00 A 515675 D Common Shares 2400 I As custodian for Sarah Wainshal Grant of restricted shares under the Amended and Restated Aircastle Limited 2005 Equity and Incentive Plan (the "Plan"). Shares vest ratably in three installments on January 1, 2011, January 1, 2012 and January 1, 2013, subject to the terms of the Plan and related grant documents. /s/ Ron Wainshal 2009-12-23