SEC Form 4 · accession 0001209191-15-047645
ATLAS AIR WORLDWIDE HOLDINGS INC · AAWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick McCorkle
Director
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 6:02 pm EDT
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 | May 26, 2015 | A | 2,707 | $0.00 | A | 36,838 | 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 UnitsF1,F2 | — | May 26, 2015 | M | 2,707 | D | — | May 26, 2015 | Common Stock | 2,707 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | May 27, 2015 | A | 1,895 | A | — | — | Common Stock | 1,895 | 1,895 | D |
Explanation of responses
- F1Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each restricted stock unit.
- F2These restricted stock units vested on May 26, 2015 and were automatically converted into an equivalent number of shares of Common Stock.
- F3The units vest in their entirety on the first to occur of the following: (i) the first anniversary of the Date of Grant; (ii) the day immediately preceding the date of the annual meeting of stockholders of the Company occurring in 2016; the day immediately preceding the Reporting Person's death; the day immediately preceding the date of termination of the Reporting Person's service on the Board by reason of disability (as defined); or a Change in Control of the Company (as defined). Share payouts will be made as soon as practicable after vesting of the Restricted Stock Units.