AMAZON COM INC - 06 May 2024 Form 4 Insider Report for Air Transport Services Group, Inc. (ATSG)

Role
10%+ Owner
Signature
/s/ Mark F. Hoffman, Vice President and Secretary
Issuer symbol
ATSG
Transactions as of
06 May 2024
Net transactions value
$0
Form type
4
Filing time
08 May 2024, 16:17:08 UTC
Previous filing
11 Aug 2023
Next filing
14 Apr 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATSG Warrant (Right to Purchase Common Stock) Other -7,014,804 -100% 0 06 May 2024 Common Stock 7,014,804 $20.40 Direct F1, F2
transaction ATSG Warrant (Right to Purchase Common Stock) Other +7,014,804 7,014,804 06 May 2024 Common Stock 7,014,804 $20.40 Direct F1, F2
transaction ATSG Warrant (Right to Purchase Common Stock) Other -14,801,360 -100% 0 06 May 2024 Common Stock 14,801,360 $21.53 Direct F1, F2, F4
transaction ATSG Warrant (Right to Purchase Common Stock) Other +14,801,360 14,801,360 06 May 2024 Common Stock 14,801,360 $21.53 Direct F1, F2, F4
transaction ATSG Warrant (Right to Purchase Common Stock) Other +2,915,000 2,915,000 06 May 2024 Common Stock 2,915,000 $12.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 6, 2024, the expiration date of the Warrant was extended from December 20, 2025 to December 20, 2029. The extension of an existing warrant's expiration date is deemed to be a cancellation and re-issuance.
F2 Shares of Common Stock subject to the Warrant, which was issued in connection with the execution of a commercial agreement, have vested and are exercisable subject to certain regulatory approvals and the terms and conditions outlined in the Warrant.
F3 Shares of Common Stock subject to the Warrant, which was issued in connection with the execution of a commercial agreement, vest upon the following schedule and satisfaction of certain commercial milestones: 728,750 shares on each of May 6, 2024, May 6, 2025, May 6, 2026 and May 6, 2027. Shares of Common Stock subject to the Warrant are exercisable subject to certain regulatory approvals and the terms and conditions outlined in the Warrant.
F4 This reflects the actual number of shares of Common Stock for which the Warrant can be exercised.