4//SEC Filing
Teets John Christopher 4
Accession 0001437749-25-012070
CIK 0000894081other
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 4:27 PM ET
Size
11.0 KB
Accession
0001437749-25-012070
Insider Transaction Report
Form 4
Teets John Christopher
Director
Transactions
- Disposition to Issuer
Common Stock
2025-04-11$22.50/sh−7,978$179,505→ 0 total - Exercise/Conversion
Restricted Stock Units
2025-04-11−120,571→ 0 total→ Common Stock (120,571 underlying) - Exercise/Conversion
Common Stock
2025-04-11+120,571→ 120,571 total - Disposition to Issuer
Common Stock
2025-04-11$22.50/sh−120,571$2,712,848→ 0 total
Footnotes (3)
- [F1]Represents securities disposed of 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 issued and outstanding share of common stock of the Company ("Share") was cancelled and converted into the right to receive $22.50 in cash (the "Merger Consideration"), without interest thereon.
- [F2]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.
- [F3]Under the Merger Agreement, at 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.
Documents
Issuer
Air Transport Services Group, Inc.
CIK 0000894081
Entity typeother
Related Parties
1- filerCIK 0001399886
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 4:27 PM ET
- Size
- 11.0 KB