ATLAS AIR WORLDWIDE HOLDINGS INC 4

4 · ATLAS AIR WORLDWIDE HOLDINGS INC · Filed May 25, 2016

Form 4

Period: 2016-05-23

Director

Transactions

Award
Restricted Stock Units
2016-05-24+2,479→ 2,479 total
→ Common Stock (2,479 underlying)
Award
Common Stock, $0.01 par value
2016-05-23+1,895→ 39,233 total
Exercise/Conversion
Restricted Stock Units
2016-05-23−1,895→ 0 total
Exp: 2016-05-23→ Common Stock (1,895 underlying)

Footnotes (3)

[F1]Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each restricted stock unit.
[F2]These restricted stock units vested on May 23, 2016 and were automatically converted into an equivalent number of shares of Common Stock.
[F3]The units vest in their entirety on the first to occur of the following: (i) the first anniversary of the Date of Grant; (ii) the day immediately preceding the date of the annual meeting of stockholders of the Company occurring in 2017; 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 (as defined); or a Change in Control of the Company (as defined). Share payouts will be made as soon as practicable after vesting of the Restricted Stock Units.

Documents

1 file