Robert F. Leduc - Feb 22, 2023 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
Director
Signature
/s/ Robert F. Leduc
Stock symbol
JBLU
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 04:45 PM
Previous filing
Jan 5, 2023
Next filing
Mar 2, 2023

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 JBLU Deferred Stock Units Award +16.4K +138.07% 28.4K Feb 22, 2023 Common Stock 16.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents an award of deferred stock units, or DSUs. Each unit entitles the Reporting Person to one share of Issuer's common stock upon vesting; settlement of vested DSUs will occur six months following Reporting Person's departure from Issuer's Board of Directors. The annual DSU grant vests on the one year anniversary of the grant date.
F2 The award subject to the DSUs are scheduled to vest over one year, measured from the vesting commencement date of February 22, 2023.