Scott M. Laurence - 24 Jun 2021 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
Head of Revenue & Planning
Signature
/s/ Scott M. Laurence
Issuer symbol
JBLU
Transactions as of
24 Jun 2021
Net transactions value
-$47,091
Form type
4
Filing time
28 Jun 2021, 19:13:03 UTC
Next filing
03 Nov 2021
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 +2,710 2,710 24 Jun 2021 Direct F1
transaction JBLU Common Stock Tax liability $15,998 -921 -34% $17.37 1,789 24 Jun 2021 Direct F2
transaction JBLU Common Stock Sale $31,093 -1,789 -100% $17.38 0 25 Jun 2021 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 Options Exercise -2,710 -11% 22,100 24 Jun 2021 Common Stock 2,710 Direct F1, F3, F5
* 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 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.
F3 Represents restricted stock units granted on June 24, 2019, which vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.
F4 These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities and Exchange Act of 1934, as amended.
F5 Includes restricted stock units granted on February 25, 2019, June 24, 2019, February 25, 2020 and February 25, 2021, which vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.