Joseph C. Hete - 08 Nov 2023 Form 4 Insider Report for Air Transport Services Group, Inc. (ATSG)

Role: CEO, Director
Signature: W. Joseph Payne for Joseph C. Hete
Issuer symbol: ATSG
Transactions as of: 08 Nov 2023
Net transactions value: $0
Form type: 4
Filing time: 08 Nov 2023, 17:20:34 UTC
Previous filing: 03 Aug 2023
Next filing: 01 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ATSG	Common Stock						497,002	08 Nov 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ATSG	Restricted Stock Units	Award		+83,798	+1583%		89,091	08 Nov 2023	Common Stock	83,798		Direct	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units will be exchanged for common stock on a one-to-one basis.
F2	These units will settle in full after 12 months of continuous service, unless Mr. Hete's employment is terminated because of death, disability or termination by the Company prior to such 12-month period in which case settlement will occur upon such termination.
F3	There is no expiration date.
F4	The price of the restricted stock units will be determined on the settlement date.

Remarks:

POA on file.