Spencer Schwartz - 28 Feb 2023 Form 4 Insider Report for ATLAS AIR WORLDWIDE HOLDINGS INC

Role
EVP & CFO
Signature
/s/ Shannon Collins, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
28 Feb 2023
Net transactions value
-$3,289,537
Form type
4
Filing time
02 Mar 2023, 16:31:41 UTC
Previous filing
05 Apr 2022
Next filing
21 Mar 2023
SEC
View on sec.gov

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 +49,749 +127% $0.000000 88,902 28 Feb 2023 Direct
transaction AAWW Common Stock, $0.01 par value Tax liability $2,574,240 -25,397 -29% $101.36 63,505 28 Feb 2023 Direct
transaction AAWW Common Stock, $0.01 par value Award $0 +13,822 +22% $0.000000 77,327 28 Feb 2023 Direct
transaction AAWW Common Stock, $0.01 par value Tax liability $715,298 -7,057 -9.1% $101.36 70,270 28 Feb 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 AAWW Restricted Stock Units Options Exercise $0 -13,822 -100% $0.000000* 0 28 Feb 2023 Common Stock 13,822 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 28, 2023 and were automatically converted into an equivalent number of shares of Common Stock.