Gerald Alfred Spencer - Jun 23, 2023 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
Principal Accounting Officer
Signature
/s/ Dora Habachy, by POA from Gerald Alfred Spencer
Stock symbol
JBLU
Transactions as of
Jun 23, 2023
Transactions value $
-$30,983
Form type
4
Date filed
6/26/2023, 04:35 PM
Previous filing
Apr 13, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +15.7K 15.7K Jun 23, 2023 Direct F1
transaction JBLU Common Stock Tax liability -$31K -3.83K -24.36% $8.10 11.9K Jun 23, 2023 Direct F3

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 -15.7K -33.33% 31.4K Jun 23, 2023 Common Stock 15.7K Direct F1, F2
* 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 June 24, 2022.
F3 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.

Remarks:

Exhibit 24 - Power of Attorney