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

Signature
/s/ Dora Habachy, by POA from Robin Hayes
Issuer symbol
JBLU
Transactions as of
11 Nov 2023
Net transactions value
-$80,937
Form type
4
Filing time
14 Nov 2023, 16:49:27 UTC
Previous filing
03 Oct 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +14,255 +2.3% 637,787 11 Nov 2023 Direct F1
transaction JBLU Common Stock Tax liability $55,167 -14,255 -2.2% $3.87 623,532 11 Nov 2023 Direct F2
transaction JBLU Common Stock Options Exercise +6,659 +1.1% 630,191 11 Nov 2023 Direct F1
transaction JBLU Common Stock Tax liability $25,770 -6,659 -1.1% $3.87 623,532 11 Nov 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 -14,255 -4.6% 296,918 11 Nov 2023 Common Stock 14,255 Direct F1, F3
transaction JBLU Restricted Stock Units Options Exercise -6,659 -4.6% 138,689 11 Nov 2023 Common Stock 6,659 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.