AMAZON COM INC — Director's Dealing 2024

May 8, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Air Transport Services Group, Inc. (ATSG)
CIK: 0000894081
Period of Report: 2024-05-06

Reporting Person: AMAZON COM INC (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-06	Warrant (Right to Purchase Common Stock)	$20.4	J	7014804	Disposed	2025-12-20	Common Stock (7014804)	Direct
2024-05-06	Warrant (Right to Purchase Common Stock)	$20.4	J	7014804	Acquired	2029-12-20	Common Stock (7014804)	Direct
2024-05-06	Warrant (Right to Purchase Common Stock)	$21.5265	J	14801360	Disposed	2025-12-20	Common Stock (14801360)	Direct
2024-05-06	Warrant (Right to Purchase Common Stock)	$21.5265	J	14801360	Acquired	2029-12-20	Common Stock (14801360)	Direct
2024-05-06	Warrant (Right to Purchase Common Stock)	$12.9658	J	2915000	Acquired	2031-05-06	Common Stock (2915000)	Direct

Footnotes

F1: 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.

F2: 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.

F3: 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.

F4: This reflects the actual number of shares of Common Stock for which the Warrant can be exercised.