Form 4 ATLAS AIR WORLDWIDE HOLD For: May 25 Filed by: HALLETT CAROL B

May 26, 2022 7:38 PM EDT

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
HALLETT CAROL B

(Last) (First) (Middle)
2000 WESTCHESTER AVENUE

(Street)
PURCHASE NY 10577

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ATLAS AIR WORLDWIDE HOLDINGS INC [ AAWW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/25/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value 05/25/2022   A   1,502 A $ 0 42,255 D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 05/25/2022   M     1,502   (2)   (2) Common Stock 1,502 $ 0 0 D  
Explanation of Responses:
1. Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each restricted stock unit.
2. The units vest in their entirety on the first to occur of the following: the first anniversary of the date of grant; the day of the Reporting Person's death; the day of the Reporting Person's disability (as defined); or a Change in Control of the Company (as defined). Vesting of all or a portion of the units may be deferred to a date on which the Reporting Person is separated from Board service or a date specified by the Reporting Person.
/s/Shannon Collins, as Attorney-in-Fact 05/26/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

The undersigned does hereby make, constitute and appoint Adam R. Kokas, Shannon
Collins and Carshae Dahl as the undersigned's true and lawful agents and
attorneys-in-fact (each hereinafter referred to as an "Attorney") to act either
together or alone in the name and on behalf of the undersigned for and with
respect to the matters hereinafter described.

Each Attorney shall have the power and authority to prepare, execute and file in
the name and on behalf of the undersigned Forms 3, 4 and Form 5 (or such other
forms as may be designated from time to time by the Securities and Exchange
Commission (the "Commission") for such purpose) or any amendments thereto
required to be filed with the Commission by the undersigned in accordance with
Section 16(a) of the Securities Exchange Act of 1934 in respect of the
undersigned's holdings of, and transactions in, equity securities (including
derivative securities) of Atlas Air Worldwide Holdings, Inc.

Each Attorney is hereby authorized to execute and deliver all documents,
acknowledgments, consents and other agreements and to take such further action
as may be necessary or convenient in order to more effectively carry out the
intent and purposes of the foregoing.

The Power of Attorney conferred hereby is not delegable by any Attorney. Each
Attorney shall serve without compensation for acting in the capacity of agent
and attorney-in-fact hereunder.

The undersigned hereby ratifies, confirms and adopts as the undersigned's own
act and deed all action lawfully taken by the Attorneys, or any of them,
pursuant to the power and authority herein granted.

This Power of Attorney shall be governed by, and construed in accordance with,
the laws of the State of New York and shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4 and 5 with the
Commission, unless earlier revoked by the undersigned in a signed writing
delivered to any of the foregoing Attorneys.

IN WITNESS WHEREOF, the undersigned has set her hand this 22nd day of October,
2021.

                                                /s/ Carol B. Hallett

                                                Signature



						Carol B. Hallett
						Print Name




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