U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Matheny James T.
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(Last) (First) (Middle)
c/o Atlas Air Worldwide Holdings, Inc.
2000 Westchester Avenue
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(Street)
Purchase, NY 10577
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Atlas Air Worldwide Holdings, Inc. - CGO
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
August, 2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
President & COO
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Common Stock, $.01 par value 2/8/02 A V 3,652(1) A $10.68 D
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Common Stock, $.01 par value 8/23/02 A V 24,345(1) A $3.09 35,377 D
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Response) (Over)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Explanation of Responses:
(1) Represents an award of restricted stock units that are exchangeable for
common shares on a one-for-one basis and that are subject to certain
vesting requirements.
/s/ Michael W. Borkowski 9/9/02
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**Signature of Reporting Person Date
Attorney-in-Fact
** 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 provided is insufficient, see Instruction 6 for procedure.
Page 2
POWER OF ATTORNEY
The undersigned does hereby make, constitute and appoint Thomas G. Scott, John
W. Dietrich and Michael W. Borkowski 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
deliver Statements of Changes of Beneficial Ownership of Securities on Form
4 or 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 under
the Securities Exchange Act of 1934 on behalf of the undersigned as a
result of the undersigned's transactions in, or changes in beneficial
ownership of, 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.
Unless sooner revoked by the undersigned, this Power of Attorney shall be
governed by the laws of the State of New York, and the power and authority
granted herein shall terminate on December 31, 2004.
IN WITNESS HEREOF, the undersigned has set his or her hand this 13th day of
August, 2002.
/s/ James T. Matheny
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Signature
James T. Matheny
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Print Name