Nik Mittal - 22 Feb 2024 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
Director
Signature
/s/ Dora Habachy, as attorney-in-fact for Nik Mittal
Issuer symbol
JBLU
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 17:03:59 UTC
Previous filing
24 Feb 2023
Next filing
06 Feb 2025
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 +16,443 16,443 22 Feb 2024 Direct F1

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 Deferred Stock Units Award +20,119 +463% 24,461 22 Feb 2024 Common Stock 20,119 Direct F2, F3
transaction JBLU Restricted Stock Units Options Exercise -16,443 -100% 0 22 Feb 2024 Common Stock 16,443 Direct F1, F4
* 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 This represents an initial award of deferred stock units (DSUs). Each unit will entitle the Reporting Person to one share of common stock of the Issuer upon vesting; settlement of vested DSUs will occur six months following the Reporting Person's departure from Issuer Board of Directors
F3 The shares subject to the DSUs are scheduled to vest over one year, commencing on the first anniversary of the grant date of February 22, 2024.
F4 The director restricted stock units vest on the one year anniversary of the grant date of February 22, 2023.