Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATSG | Common Stock | Award | $1.2M | +54.9K | +103.33% | $21.87 | 108K | Dec 18, 2024 | Direct | F1 |
transaction | ATSG | Common Stock | Tax liability | -$475K | -21.7K | -20.12% | $21.87 | 86.3K | Dec 18, 2024 | Direct | F2 |
holding | ATSG | Common Stock | 1.5K | Dec 18, 2024 | Fidelity Managed Advisory Account | F3 |
Id | Content |
---|---|
F1 | These shares represent the grant of a restricted stock award to the reporting person for his regular fiscal year 2025 award under the Company's Amended and Restated 2015 Long-Term Incentive Plan. These shares of restricted stock will vest on December 31, 2027, subject to earlier vesting on certain qualifying termination events. In addition, pursuant to the Agreement and Plan of Merger by and between the Company, Stonepeak Nile Parent LLC, a Delaware limited liability company and Stonepeak Nile MergerCo Inc., a Delaware corporation and wholly-owned subsidiary of Parent, dated as of November 3, 2024 (the "Merger Agreement"), at the closing of the transactions contemplated by the Merger Agreement, this restricted stock will be converted into the right to receive a cash payment equal to the merger consideration upon the satisfaction of the vesting conditions applicable to the restricted stock. |
F2 | These shares were returned to the Company's authorized but unissued reserve in payment for taxes owed in connection with the restricted share award described above. |
F3 | These shares were purchased by Westview Investment Advisors, which oversees a Fidelity Managed Advisory Account for the benefit of Amy Stepnowski and Jeffrey Dominick on a fully discretionary basis. While Ms. Stepnowski and Mr. Dominick are removed from any and all investment activity and management of this account, Mr. Dominick has notified the Company of the Westview Investment Advisors purchase of these shares through Fidelity Investment Management. |
POA on file.