4//SEC Filing
HETE JOSEPH C 4
Accession 0001437749-25-006658
CIK 0000894081other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:05 PM ET
Size
6.9 KB
Accession
0001437749-25-006658
Insider Transaction Report
Form 4
HETE JOSEPH C
President & CEO
Transactions
- Award
Common Stock
2025-03-05$22.29/sh+101,000$2,251,290→ 740,122 total
Holdings
- 5,293
Restricted Stock Units
→ Common Stock (5,293 underlying)
Footnotes (4)
- [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]The restricted stock units will be exchanged for common stock on a one-to-one basis.
- [F3]These units will settle when Mr. Hete's board service ends.
- [F4]There is no expiration date.
Documents
Issuer
Air Transport Services Group, Inc.
CIK 0000894081
Entity typeother
Related Parties
1- filerCIK 0001185320
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:05 PM ET
- Size
- 6.9 KB