Adam Richard Kokas - 28 Feb 2023 Form 4 Insider Report for ATLAS AIR WORLDWIDE HOLDINGS INC

Role: EVP, GC & Secty.
Signature: /s/ Shannon Collins, as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 28 Feb 2023
Net transactions value: -$2,986,572
Form type: 4
Filing time: 02 Mar 2023, 16:35:38 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	+49,759	+149%	$0.000000	83,115	28 Feb 2023	Direct
transaction	AAWW	Common Stock, $0.01 par value	Tax liability	$2,337,260	-23,059	-28%	$101.36	60,056	28 Feb 2023	Direct
transaction	AAWW	Common Stock, $0.01 par value	Award	$0	+13,822	+23%	$0.000000	73,878	28 Feb 2023	Direct
transaction	AAWW	Common Stock, $0.01 par value	Tax liability	$649,312	-6,406	-8.7%	$101.36	67,472	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.