Robin N. Hayes - 23 Feb 2023 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
CEO, Director
Signature
/s/ Dora Habachy, as attorney-in-fact for Robin Hayes
Issuer symbol
JBLU
Transactions as of
23 Feb 2023
Net transactions value
-$279,936
Form type
4
Filing time
27 Feb 2023, 17:39:40 UTC
Previous filing
26 Jan 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +27,024 +4.6% 611,383 23 Feb 2023 Direct F1
transaction JBLU Common Stock Tax liability $107,920 -13,161 -2.2% $8.20 598,222 23 Feb 2023 Direct F4
transaction JBLU Common Stock Options Exercise +22,059 +3.7% 620,281 24 Feb 2023 Direct F1
transaction JBLU Common Stock Tax liability $88,845 -10,743 -1.7% $8.27 609,538 24 Feb 2023 Direct F4
transaction JBLU Common Stock Options Exercise +20,953 +3.4% 630,491 24 Feb 2023 Direct F1
transaction JBLU Common Stock Tax liability $83,171 -10,205 -1.6% $8.15 620,286 24 Feb 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 -27,024 -33% 54,050 23 Feb 2023 Common Stock 27,024 Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -22,059 -50% 22,060 24 Feb 2023 Common Stock 22,059 Direct F1, F3
transaction JBLU Restricted Stock Units Options Exercise -20,953 -100% 0 24 Feb 2023 Common Stock 20,953 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.