SEC Form 4
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).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
AMAZON COM INC

(Last) (First) (Middle)
410 TERRY AVENUE NORTH

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Air Transport Services Group, Inc. [ ATSG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2024
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
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
Warrant (Right to Purchase Common Stock) $20.4 05/06/2024 J(1) 7,014,804 (2) 12/20/2025 Common Stock 7,014,804 (1) 0 D
Warrant (Right to Purchase Common Stock) $20.4 05/06/2024 J(1) 7,014,804 (2) 12/20/2029 Common Stock 7,014,804 (1) 7,014,804 D
Warrant (Right to Purchase Common Stock) $21.5265 05/06/2024 J(1) 14,801,360(4) (2) 12/20/2025 Common Stock 14,801,360(4) (1) 0 D
Warrant (Right to Purchase Common Stock) $21.5265 05/06/2024 J(1) 14,801,360(4) (2) 12/20/2029 Common Stock 14,801,360(4) (1) 14,801,360 D
Warrant (Right to Purchase Common Stock) $12.9658 05/06/2024 J(3) 2,915,000 (3) 05/06/2031 Common Stock 2,915,000 (3) 2,915,000 D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. This reflects the actual number of shares of Common Stock for which the Warrant can be exercised.
/s/ Mark F. Hoffman, Vice President and Secretary 05/08/2024
** 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.

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