BUTLER KEITH E 4
4 · ATLAS AIR WORLDWIDE HOLDINGS INC · Filed May 25, 2007
Insider Transaction Report
Form 4
BUTLER KEITH E
Director
Transactions
- Award
Restricted Stock Units
2007-05-23+857→ 857 total→ Common Stock (857 underlying)
Footnotes (2)
- [F1]Upon payout, the Reporting Person is entitled to receive one share of Common Stock for each one restricted stock unit.
- [F2]The units vest on the first to occur of the following: the first anniversary of the Date of Grant (as defined); the day immediately preceding the date of the annual meeting of stockholders of the Company occurring in 2008; the day immediately preceding the Reporting Person's death; the day immediately preceding the date of termination of the Reporting Person's service on the Board by reason of disability; or (v) a Change in Control of the Company (as defined). Share payouts will be made within thirty days after the third anniversary of the Date of Grant (as defined).