E. Von Muehlen - Sep 9, 2021 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AND COO
Signature
/S/JEANNE E GAMMON, ATTORNEY IN FACT FOR CONSTANCE E VON MUEHLEN
Stock symbol
ALK
Transactions as of
Sep 9, 2021
Transactions value $
-$17,213
Form type
4
Date filed
11/8/2021, 04:49 PM
Previous filing
Aug 14, 2024
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +168 +143.59% $0.00 285 Sep 9, 2021 HELD BY SPOUSE
transaction ALK COMMON STOCK Tax liability -$2.91K -50 -17.54% $58.20 235 Sep 9, 2021 HELD BY SPOUSE F2, F3
transaction ALK COMMON STOCK Options Exercise $0 +986 +29.53% $0.00 4.33K Nov 5, 2021 Direct
transaction ALK COMMON STOCK Tax liability -$14.3K -241 -5.57% $59.35 4.08K Nov 5, 2021 Direct F3, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -168 -33.4% $0.00 335 Sep 9, 2021 COMMON STOCK 168 $0.00 HELD BY SPOUSE F1
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -986 -33.31% $0.00 1.97K Nov 5, 2021 COMMON STOCK 986 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 OUTSTANDING RESTRICTED STOCK UNITS SCHEDULED TO VEST IN EQUAL INSTALLMENTS ON 9/9/2021, 3/9/2022 AND 9/9/2022. THE RSUs CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE BASIS.
F2 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 9/9/2021.
F3 PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.
F4 RESTRICTED STOCK UNITS VEST ANNUALLY IN EQUAL INSTALLMENTS ON THE FIRST THREE ANNIVERSARIES OF THE GRANT DATE AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS.
F5 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 11/05/2021.