<SEC-DOCUMENT>0000950170-25-078003.txt : 20250527
<SEC-HEADER>0000950170-25-078003.hdr.sgml : 20250527
<ACCEPTANCE-DATETIME>20250527194352
ACCESSION NUMBER:		0000950170-25-078003
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250514
FILED AS OF DATE:		20250527
DATE AS OF CHANGE:		20250527

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Dameron Clifton
		CENTRAL INDEX KEY:			0002070403
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15369
		FILM NUMBER:		25990500

	MAIL ADDRESS:	
		STREET 1:		C/O WILLIS LEASE FINANCE CORPORATION
		STREET 2:		4700 LYONS TECHNOLOGY PARKWAY
		CITY:			COCONUT CREEK
		STATE:			FL
		ZIP:			33073

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WILLIS LEASE FINANCE CORP
		CENTRAL INDEX KEY:			0001018164
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				680070656
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4700 LYONS TECHNOLOGY PARKWAY
		CITY:			COCONUT CREEK
		STATE:			FL
		ZIP:			33073
		BUSINESS PHONE:		5613499989

	MAIL ADDRESS:	
		STREET 1:		4700 LYONS TECHNOLOGY PARKWAY
		CITY:			COCONUT CREEK
		STATE:			FL
		ZIP:			33073
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-05-14</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001018164</issuerCik>
        <issuerName>WILLIS LEASE FINANCE CORP</issuerName>
        <issuerTradingSymbol>WLFC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002070403</rptOwnerCik>
            <rptOwnerName>Dameron Clifton</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4700 LYONS TECHNOLOGY PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>COCONUT CREEK</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33073</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>SVP, GC &amp; Corporate Secretary</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5182</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Performance-based Restricted Stock Award</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>212.96</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4864</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes grants of time-based restricted stock award vesting as follows: (a) 3,243 shares of the Issuer's common stock vesting over three years and (b) 1,939 shares of the Issuer's common stock vesting as follows: 1,293 shares on May 15, 2026 and 646 shares on November 15, 2026.</footnote>
        <footnote id="F2">Grant of performance-based restricted stock award (&quot;PSA&quot;) subject to performance-based and time-based vesting over two years. Performance-based vesting criteria include a combination of profitability of the Issuer's services businesses, growth of the Issuer's leasing portfolio and the viability of the Issuer's Sustainable Aviation Fuel initiative. Each PSA represents a contingent right to receive one share of the Issuer's common stock to the extent the performance-based criteria is met. Reported amount assumes 100% performance-based vesting, but actual number of PSAs earned may be 25% more or less than the reported amount, depending on the extent to which the performance-based vesting criteria are met or not met.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Clifton Dameron</signatureName>
        <signatureDate>2025-05-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
