WILLIAMS PAUL S 4
4 · Air Transport Services Group, Inc. · Filed Apr 15, 2025
Insider Transaction Report
Form 4
WILLIAMS PAUL S
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-11−27,107→ 0 total→ Common Stock (27,107 underlying) - Exercise/Conversion
Common Stock
2025-04-11+27,107→ 27,107 total - Disposition to Issuer
Common Stock
2025-04-11$22.50/sh−27,107$609,908→ 0 total
Footnotes (2)
- [F1]Each restricted stock unit subject to one or more time-based vesting conditions ("Company RSUs") represented a contingent right to receive one Share upon vesting of the Company RSUs.
- [F2]Under the Agreement and Plan of Merger by and between Air Transport Services Group, Inc. ("Company"), Stonepeak Nile Parent LLC, a Delaware limited liability company ("Parent") 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 effective time of the merger contemplated by the Merger Agreement (the "Effective Time"), each Company RSU vested and was cancelled, with the holder of such Company RSU becoming entitled to receive a lump-sum cash payment, without interest, equal to the product, rounded to the nearest cent, of (i) the number of Shares subject to such Company RSU immediately prior to the Effective Time and (ii) the Merger Consideration.