Company: AYR
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001628280-25-019189
Chunk: 19

Company: Aircastle LTD
Filing Date: 2025-04-23
Form: 10-K
Item: Item 11
Chunk 19
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575,000 COBRA Reimbursement— — 60,943 60,943 60,943 — 60,943 Vacation61,923 61,923 61,923 61,923 61,923 61,923 61,923 Remainder of Restricted Cash and LTI Awards(1)— — 3,788,108 3,788,108 3,788,108 — 3,788,108 Christopher L. Beers(2)Cash Severance$— $— $— $— $— $— $— Pro-rata Bonus (assumes February 28 termination)— — — — — 731,584 — COBRA Reimbursement— — — — — — — Vacation— — — — — 50,821 — Remainder of Restricted Cash and LTI Awards(1)— — — — — 3,788,108 — — Paul O’CallaghanCash Severance$— $— $845,334 $1,690,669 $845,334 $— $— Pro-rata Bonus (assumes February 28 termination)— — 411,830 411,830 411,830 — 411,830 Health Insurance Benefits — — 4,122 4,122 4,122 — 4,122 Vacation46,685 46,685 46,685 46,685 46,685 46,685 46,685 Remainder of Restricted Cash and LTI Awards(1)— — 1,026,912 1,026,912 1,026,912 — 1,026,912 

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(1)Includes the 2022 LTI awards (or for Mr. O’Callaghan, the applicable portion thereof) vesting on February 28, 2025, the 2023 LTI awards vesting on February 28, 2026 and the 2024 LTI awards vesting on February 28, 2027.

(2)Christopher L. Beers, our former Chief Legal Officer & Secretary, retired from the Company effective February 28, 2025. See the section entitled “Mr