Carol Ann Clements - Feb 22, 2024 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
Chief Digital & Tech Officer
Signature
/s/ Dora Habachy, by POA from Carol Ann Clements
Stock symbol
JBLU
Transactions as of
Feb 22, 2024
Transactions value $
-$34,459
Form type
4
Date filed
2/26/2024, 05:21 PM
Previous filing
Jun 26, 2023
Next filing
Apr 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +13.1K +66.19% 32.8K Feb 23, 2024 Direct F1
transaction JBLU Common Stock Tax liability -$34.5K -5.27K -16.05% $6.54 27.6K Feb 23, 2024 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 Award +94.3K 94.3K Feb 22, 2024 Common Stock 94.3K Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -13.1K -50% 13.1K Feb 23, 2024 Common Stock 13.1K Direct F1, F3
* 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 Represents restricted stock units granted on February 22, 2024, which vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.
F3 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 23, 2022.
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.