Benito Minicucci - Feb 25, 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Feb 25, 2024
Transactions value $
-$179,916
Form type
4
Date filed
2/27/2024, 04:08 PM
Previous filing
Feb 16, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +12.6K +9.61% $0.00 144K Feb 25, 2024 Direct F1
transaction ALK COMMON STOCK Tax liability -$180K -4.66K -3.24% $38.65 139K Feb 25, 2024 Direct F2

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 -12.6K -100% $0.00* 0 Feb 25, 2024 COMMON STOCK 12.6K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
F2 The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.