John Dietrich - Feb 25, 2022 Form 4 Insider Report for ATLAS AIR WORLDWIDE HOLDINGS INC (AAWW)

Role
President & CEO, Director
Signature
/s/ Shannon Collins, as Attorney-in-Fact
Stock symbol
AAWW
Transactions as of
Feb 25, 2022
Transactions value $
-$620,122
Form type
4
Date filed
2/28/2022, 05:34 PM
Previous filing
May 7, 2021
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAWW Common Stock, $0.01 par value Award $0 +20.4K +28.55% $0.00 92K Feb 25, 2022 Direct
transaction AAWW Common Stock, $0.01 par value Tax liability -$620K -8.04K -8.74% $77.12 84K Feb 25, 2022 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 AAWW Restricted Stock Units Options Exercise $0 -20.4K -50% $0.00 20.4K Feb 25, 2022 Common Stock 20.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award vests in three equal installments beginning on the first anniversary of the date of grant. Each unit will become vested on the basis of one restricted stock unit to one share of the Company's common stock.
F2 These restricted stock units vested on February 25, 2022 and were automatically converted into an equivalent number of shares of Common Stock.