SEC Form 4 · accession 0001209191-15-018790
ATLAS AIR WORLDWIDE HOLDINGS INC · AAWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Flynn
Officer — President & CEO · Director
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 7:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001135185
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value | Feb 23, 2015 | A | 13,861 | $0.00 | A | 189,145 | D | |
| Common Stock, $0.01 par value | Feb 23, 2015 | F | 5,388 | $47.68 | D | 183,757 | D | |
| Common Stock, $0.01 par valueF2 | Feb 24, 2015 | S | 8,473 | $47.365 | D | 175,284 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Feb 23, 2015 | M | 13,861 | D | — | Feb 21, 2018 | Common Stock | 13,861 | 41,585 | D |
| Restricted Stock UnitsF3,F5 | — | Feb 24, 2015 | A | 41,290 | A | — | Feb 24, 2019 | Common Stock | 41,290 | 41,290 | D |
Explanation of responses
- F1The sale of shares reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F2These shares were sold at an average of $47.365. Prices ranged from $46.80 to $47.63.
- F3Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each restricted stock unit.
- F4These restricted stock units vested on February 23, 2015 and were automatically converted into an equivalent number of shares of Common Stock.
- F5The award vests in four equal annual installments beginning on the first anniversary of the date of grant. Each unit will become vested on the basis of one restricted stock unit to one share of the Company's Common Stock.