Robin Hayes - Nov 11, 2021 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Signature
/s/ Allen Huang, as attorney-in-fact for Robin Hayes
Stock symbol
JBLU
Transactions as of
Nov 11, 2021
Transactions value $
-$108,404
Form type
4
Date filed
11/17/2021, 06:10 PM
Previous filing
Oct 18, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +3.05K +0.55% 560K Nov 11, 2021 Direct F1
transaction JBLU Common Stock Tax liability -$47.3K -3.05K -0.54% $15.52 557K Nov 11, 2021 Direct F2
transaction JBLU Common Stock Options Exercise +1.02K +0.18% 558K Nov 11, 2021 Direct F1
transaction JBLU Common Stock Tax liability -$15.8K -1.02K -0.18% $15.52 557K Nov 11, 2021 Direct F2
transaction JBLU Common Stock Options Exercise +1.93K +0.35% 559K Nov 11, 2021 Direct F1
transaction JBLU Common Stock Tax liability -$30K -1.93K -0.35% $15.52 557K Nov 11, 2021 Direct F2
transaction JBLU Common Stock Sale -$15.3K -1K -0.18% $15.30 556K Nov 15, 2021 Direct F3

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 +3.05K +4.83% 66.2K Nov 11, 2021 Common Stock 3.05K Direct F1, F4
transaction JBLU Restricted Stock Units Options Exercise +1.02K +4.83% 22.2K Nov 11, 2021 Common Stock 1.02K Direct F1, F5
transaction JBLU Restricted Stock Units Options Exercise +1.93K +4.83% 41.9K Nov 11, 2021 Common Stock 1.93K Direct F1, F6
* 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 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.
F4 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2021.
F5 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2019.
F6 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2020.