Robert E. Jordan - Jan 31, 2024 Form 4 Insider Report for SOUTHWEST AIRLINES CO (LUV)

Signature
Tim Whisler, on behalf of and as attorney-in-fact for Robert E. Jordan
Stock symbol
LUV
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 04:49 PM
Previous filing
Sep 1, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUV Common Stock Award $0 +117K +53.48% $0.00 337K Jan 31, 2024 Direct F1
transaction LUV Common Stock Award $0 +25.7K +7.62% $0.00 362K Jan 31, 2024 Direct F2
holding LUV Common Stock 12.6K Jan 31, 2024 By ProfitSharing Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.
F2 Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.
F3 Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.