Emily Halverson - Nov 2, 2023 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: VP FIN AND CONTROLLER
Signature: /s/ Howard Kuppler, by power of attorney
Stock symbol: ALK
Transactions as of: Nov 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/6/2023, 05:21 PM
Previous filing: Mar 7, 2023
Next filing: Dec 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ALK	COMMON STOCK						5.89K	Nov 2, 2023	Direct	F1

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	Award	$0	+2.91K		$0.00	2.91K	Nov 2, 2023	COMMON STOCK	2.91K	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 338 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan (the ESPP) on April 30, 2023, and 228 shares acquired under the ESPP on October 31, 2023, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2	Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
F3	The RSUs vest in three annual installments of 970 shares beginning on the first anniversary of the grant date.