Big ATI contract meeting
#204
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Joined APC: Apr 2015
Posts: 221
The applicable part is "The number of shares of Common Stock that are currently exercisable is calculated with reference to applicable notification and clearance thresholds in the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), and is reported in this statement with reference to the market price of the Common Stock (as calculated pursuant to the HSR Act) and the applicable HSR Act thresholds as of December 31, 2017. To the extent the market price of the Common Stock increases or the applicable HSR Act threshold decreases, the number of shares of Common Stock beneficially owned by Amazon would decrease. To the extent the market price of the Common Stock decreases or the applicable HSR Act threshold increases, the number of shares of Common Stock beneficially owned by Amazon would increase"
The minimum threshold for 2017 was right around $80mil, and if you do the math (number of shares reported x share price as of dec 31st 2017) you will see it is right around $80mil. Read up on the HSR act to understand why they are making this filing. They have not exercised warrants for either ATSG or AAWW yet, though some have vested and they can exercise them whenever they feel like it.
#207
Those filings are not share purchases, they have warrants to purchase shares and the amount they are disclosing is based on the minimum required by law. If you read the filing closely, it explains what they are doing. They have not exercised their warrants for ATSG or AAWW, they are just disclosing their interest as required by law.
The applicable part is "The number of shares of Common Stock that are currently exercisable is calculated with reference to applicable notification and clearance thresholds in the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), and is reported in this statement with reference to the market price of the Common Stock (as calculated pursuant to the HSR Act) and the applicable HSR Act thresholds as of December 31, 2017. To the extent the market price of the Common Stock increases or the applicable HSR Act threshold decreases, the number of shares of Common Stock beneficially owned by Amazon would decrease. To the extent the market price of the Common Stock decreases or the applicable HSR Act threshold increases, the number of shares of Common Stock beneficially owned by Amazon would increase"
The minimum threshold for 2017 was right around $80mil, and if you do the math (number of shares reported x share price as of dec 31st 2017) you will see it is right around $80mil. Read up on the HSR act to understand why they are making this filing. They have not exercised warrants for either ATSG or AAWW yet, though some have vested and they can exercise them whenever they feel like it.
The applicable part is "The number of shares of Common Stock that are currently exercisable is calculated with reference to applicable notification and clearance thresholds in the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), and is reported in this statement with reference to the market price of the Common Stock (as calculated pursuant to the HSR Act) and the applicable HSR Act thresholds as of December 31, 2017. To the extent the market price of the Common Stock increases or the applicable HSR Act threshold decreases, the number of shares of Common Stock beneficially owned by Amazon would decrease. To the extent the market price of the Common Stock decreases or the applicable HSR Act threshold increases, the number of shares of Common Stock beneficially owned by Amazon would increase"
The minimum threshold for 2017 was right around $80mil, and if you do the math (number of shares reported x share price as of dec 31st 2017) you will see it is right around $80mil. Read up on the HSR act to understand why they are making this filing. They have not exercised warrants for either ATSG or AAWW yet, though some have vested and they can exercise them whenever they feel like it.
Namaste...
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