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 OF SECURITIES 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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(Print or Type Responses)

1. Name and Address of Reporting Person * PERAZZO TONI M   2. Issuer Name and Ticker or Trading Symbol AEROCENTURY CORP [ACY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP Finance, Secty. & Treas. (Last) (First) (Middle) 1440 CHAPIN AVENUE, SUITE 310 3. Date of Earliest Transaction (Month/Day/Year) 10/01/2018 (Street) BURLINGAME, CA 94010 4. If Amendment, Date Original Filed(Month/Day/Year) 10/04/2018 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 10/01/2018   A(1)   58 A (1) 21,257 (2) (4) D   Common Stock 10/01/2018   A(1)   68,792 A (1) 304,867 (3) (4) (5) I by trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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
PERAZZO TONI M 1440 CHAPIN AVENUE SUITE 310 BURLINGAME, CA 94010	X	X	SVP Finance, Secty. & Treas.

Signatures

TONI M. PERAZZO		10/17/2018
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares of AeroCentury Common Stock issued to shareholders of JetFleet Holding Corp. ("JHC") in exchange for shares of JHC Common Stock in connection with AeroCentury's acquisition of JHC.
(2)	Includes 99 shares of previously held by JHC that were distributed to the reporting person pursuant to an in kind dividend by JHC of the issuer's stock and are now directly owned.
(3)	Includes 114,337 shares of previously held by JHC that were distributed to the reporting person indirectly (by trust) pursuant to an in kind dividend by JHC of the issuer's stock and are now indirectly owned.
(4)	Total reflects a correction for 6,500 shares of Common Stock previously reported on Form 4 as indirectly owned that are owned directly by reporting person
(5)	Amendment filed to correct total reported for Indirect holdings in Table I, Column 5 (Amount of Securities Beneficially Owned Following Reported Transaction) from 304,507 to 304,867
Remarks: Amendment filed to correct previously reported total for Indirect holdings in Table I, Column 5 (Amount of Securities Beneficially Owned Following Reported Transaction) from 304,507 to 304,867

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