X0306 4 2016-09-20 0 0001135185 ATLAS AIR WORLDWIDE HOLDINGS INC AAWW 0001237270 GILMORE JAMES III 2000 WESTCHESTER AVENUE PURCHASE NY 10577 1 0 0 0 Common Stock, $0.01 par value 2016-09-20 4 A 0 2479 0.00 A 38201 D Restricted Stock Units 2016-09-20 4 M 0 2479 0.00 D 2016-09-20 Common Stock 2479 0 D These restricted stock units vested on September 20, 2016 in connection with the approval by the issuer's shareholders of the "Restricted Share Issuance" as described in the issuer's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, on August 12, 2016 and were converted into an equivalent number of shares of Common Stock. /s/Michael W. Borkowski Michael W. Borkowski, as Attorney-in-Fact 2016-09-20