4//SEC Filing
McNabb Duncan J. 4
Accession 0001209191-23-020190
CIK 0001135185other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 2:12 PM ET
Size
8.1 KB
Accession
0001209191-23-020190
Insider Transaction Report
Form 4
McNabb Duncan J.
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-03-17−12,451→ 0 total→ Common Stock (12,451 underlying) - Disposition to Issuer
Common Stock, $0.01 par value
2023-03-17−8,667→ 0 total
Footnotes (2)
- [F1]On March 17, 2023 (the "Effective Time"), pursuant to that certain Agreement and Plan of Merger, dated as of August 4, 2022 (the "Merger Agreement"), by and among Atlas Air Worldwide Holdings, Inc. (the "Company"), Rand Parent, LLC, a Delaware limited liability company ("Parent"), and Rand Merger Sub, Inc., a wholly owned subsidiary of Parent ("MergerCo"), MergerCo merged with and into the Company with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, each share of the Company's common stock reported in this Form 4 was converted into the right to receive $102.50 in cash, without interest (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, each outstanding restricted stock unit ("RSU"), including each RSU deferred under the Company's Non-Employee Director Restricted Stock Unit Deferral Program, vested and was canceled in exchange for a cash payment equal to the number of shares of the Company's common stock underlying such RSU immediately prior to the Effective Time multiplied by the Merger Consideration, less any applicable withholding for taxes.
Documents
Issuer
ATLAS AIR WORLDWIDE HOLDINGS INC
CIK 0001135185
Entity typeother
Related Parties
1- filerCIK 0001554252
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 2:12 PM ET
- Size
- 8.1 KB