Justin Jones - Jan 31, 2024 Form 4 Insider Report for SOUTHWEST AIRLINES CO (LUV)

Signature
Tim Whisler, on behalf of and as attorney-in-fact for Justin Jones
Stock symbol
LUV
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 04:59 PM
Previous filing
Dec 6, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUV Common Stock Award $0 +29.3K +394.91% $0.00 36.7K Jan 31, 2024 Direct F1
transaction LUV Common Stock Award $0 +4.22K +11.49% $0.00 40.9K Jan 31, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.
F2 Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.