Joanna Geraghty - Feb 23, 2023 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
President COO
Signature
/s/ Dora Habachy, as attorney-in-fact for Joanna Geraghty
Stock symbol
JBLU
Transactions as of
Feb 23, 2023
Transactions value $
-$214,830
Form type
4
Date filed
2/27/2023, 05:17 PM
Previous filing
Jun 2, 2022
Next filing
Apr 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +18.5K +8.25% 243K Feb 23, 2023 Direct F1
transaction JBLU Common Stock Tax liability -$84K -10.2K -4.21% $8.20 233K Feb 23, 2023 Direct F4
transaction JBLU Common Stock Options Exercise +15.7K +6.73% 249K Feb 24, 2023 Direct F1
transaction JBLU Common Stock Tax liability -$71.7K -8.67K -3.49% $8.27 240K Feb 24, 2023 Direct F4
transaction JBLU Common Stock Options Exercise +13.1K +5.47% 253K Feb 24, 2023 Direct F1
transaction JBLU Common Stock Tax liability -$59.2K -7.26K -2.87% $8.15 246K Feb 24, 2023 Direct F4

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 Restricted Stock Units Options Exercise -18.5K -33.33% 37K Feb 23, 2023 Common Stock 18.5K Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -15.7K -50% 15.7K Feb 24, 2023 Common Stock 15.7K Direct F1, F3
transaction JBLU Restricted Stock Units Options Exercise -13.1K -100% 0 Feb 24, 2023 Common Stock 13.1K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
F2 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 23, 2022.
F3 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2021.
F4 These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States.
F5 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2020.