Robin Hayes - Nov 11, 2023 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
CEO, Director
Signature
/s/ Dora Habachy, by POA from Robin Hayes
Stock symbol
JBLU
Transactions as of
Nov 11, 2023
Transactions value $
-$80,937
Form type
4
Date filed
11/14/2023, 04:49 PM
Previous filing
Oct 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +14.3K +2.29% 638K Nov 11, 2023 Direct F1
transaction JBLU Common Stock Tax liability -$55.2K -14.3K -2.24% $3.87 624K Nov 11, 2023 Direct F2
transaction JBLU Common Stock Options Exercise +6.66K +1.07% 630K Nov 11, 2023 Direct F1
transaction JBLU Common Stock Tax liability -$25.8K -6.66K -1.06% $3.87 624K Nov 11, 2023 Direct F2

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 -14.3K -4.58% 297K Nov 11, 2023 Common Stock 14.3K Direct F1, F3
transaction JBLU Restricted Stock Units Options Exercise -6.66K -4.58% 139K Nov 11, 2023 Common Stock 6.66K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of JetBlue common stock.
F2 Shares withheld for FICA tax for retirement eligible executives.
F3 The restricted stock units granted on April 11, 2023 vest in equal annual installments over a three-year period on each of the succeeding three anniversaries of the grant date.
F4 The restricted stock units granted on April 27, 2023 vest on the second anniversary of the grant date.