John Dietrich - Feb 28, 2023 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 28, 2023
Transactions value $
-$3,749,002
Form type
4
Date filed
3/2/2023, 04:37 PM
Previous filing
Aug 3, 2022
Next filing
Mar 17, 2023

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 +31.44% $0.00 85.4K Feb 28, 2023 Direct
transaction AAWW Common Stock, $0.01 par value Tax liability -$815K -8.04K -9.41% $101.36 77.4K Feb 28, 2023 Direct
transaction AAWW Common Stock, $0.01 par value Award $0 +73.6K +95.06% $0.00 151K Feb 28, 2023 Direct
transaction AAWW Common Stock, $0.01 par value Tax liability -$2.93M -28.9K -19.18% $101.36 122K Feb 28, 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 -20.4K -100% $0.00* 0 Feb 28, 2023 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 28, 2023 and were automatically converted into an equivalent number of shares of Common Stock.