Jessie J. Knight Jr. - 05 May 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
Director
Signature
/s/JEANNE E. GAMMON, ATTORNEY IN FACT FOR JESSIE J KNIGHT JR
Issuer symbol
ALK
Transactions as of
05 May 2022
Net transactions value
$0
Form type
4
Filing time
05 May 2022, 18:33:52 UTC
Previous filing
09 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Award $0 +2,346 +47% $0.000000 7,333 05 May 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 TOTAL HELD IN COLUMN 5 INCLUDES 1,566 DEFERRED STOCK UNITS (DSUs) PREVIOUSLY GRANTED UNDER THE ISSUER'S 2016 PERFORMANCE INCENTIVE PLAN. THE DSUs ARE 100% VESTED ON THE DATE OF GRANT AND ISSUABLE IN COMMON SHARES UPON RESIGNATION FROM THE ALASKA AIR GROUP, INC. BOARD OF DIRECTORS.
F2 DEFERRED STOCK UNITS GRANTED UNDER THE ISSUER'S 2016 PERFORMANCE INCENTIVE PLAN IN CONNECTION WITH THE REPORTING PERSON'S RE-ELECTION TO SERVE ON THE BOARD OF DIRECTORS UNTIL THE 2023 ANNUAL STOCKHOLDERS MEETING. UNITS ARE 100% VESTED AND PAYABLE IN SHARES OF THE ISSUER'S COMMON STOCK ON A ONE-FOR-ONE BASIS FOLLOWING THE RESIGNATION OF THE REPORTING PERSON FROM THE BOARD OF DIRECTORS.