Linda B. Rutherford - 30 Jun 2021 Form 3 Insider Report for SOUTHWEST AIRLINES CO (LUV)

Role: EVP People and Communications
Signature: /s/ Tim Whisler, on behalf of and as attorney-in-fact for Linda B. Rutherford
Issuer symbol: LUV
Transactions as of: 30 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 08 Jul 2021, 17:43:51 UTC
Next filing: 15 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LUV	Common Stock						26,226	30 Jun 2021	Direct	F1
holding	LUV	Common Stock						1,569	30 Jun 2021	By ProfitSharing Plan	F2

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

Explanation of Responses:

Id	Content
F1	Holdings include 10,473 restricted stock units previously granted pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan, which will entitle the reporting person to one share of common stock for each restricted stock unit that vests. The restricted stock units will vest as follows: 4,662 on February 21, 2022; 3,647 on February 21, 2023; and 2,164 on February 21. 2024.
F2	Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.

Content

Holdings include 10,473 restricted stock units previously granted pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan, which will entitle the reporting person to one share of common stock for each restricted stock unit that vests. The restricted stock units will vest as follows: 4,662 on February 21, 2022; 3,647 on February 21, 2023; and 2,164 on February 21. 2024.

Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.