Joseph A. Sprague - Nov 5, 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
PRESIDENT, HORIZON AIR
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Nov 5, 2022
Transactions value $
-$23,242
Form type
4
Date filed
11/8/2022, 05:09 PM
Previous filing
Feb 9, 2022
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +987 +6.28% $0.00 16.7K Nov 5, 2022 Direct F1
transaction ALK COMMON STOCK Tax liability -$10.8K -241 -1.44% $44.86 16.5K Nov 5, 2022 Direct
transaction ALK COMMON STOCK Options Exercise $0 +1.13K +6.87% $0.00 17.6K Nov 7, 2022 Direct F1
transaction ALK COMMON STOCK Tax liability -$12.4K -276 -1.57% $45.04 17.3K Nov 7, 2022 Direct
holding ALK COMMON STOCK 7.05K Nov 5, 2022 ESOP TRUST 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 -987 -50% $0.00 987 Nov 5, 2022 COMMON STOCK 987 $0.00 Direct F1, F3
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -1.13K -100% $0.00* 0 Nov 7, 2022 COMMON STOCK 1.13K $0.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis.
F2 Common Shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2021.
F3 On November 5, 2020, the reporting person was granted 2,960 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F4 On November 7, 2019, the reporting person was granted 3,390 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.