Brandon Nelson - Dec 10, 2021 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role: General Counsel Corp Sec
Signature: /s/ Brandon Nelson
Stock symbol: JBLU
Transactions as of: Dec 10, 2021
Transactions value $: -$8,639
Form type: 4
Date filed: 12/13/2021, 01:45 PM
Previous filing: Jun 24, 2021
Next filing: Feb 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JBLU	Common Stock	Options Exercise		+1.57K	+22.23%		8.66K	Dec 10, 2021	Direct	F1
transaction	JBLU	Common Stock	Tax liability	-$8.64K	-602	-6.95%	$14.35	8.05K	Dec 10, 2021	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	$0	+1.57K		$0.00^*	0	Dec 10, 2021	Common Stock	1.57K		Direct	F1, F3, 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	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	The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of December 12, 2018, and expired on December 12, 2021.
F4	Represents restricted stock units granted on December 12, 2018, which vested in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.