David Christopher Clark - 25 Feb 2022 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Signature
/s/ Allen Huang, as attorney-in-fact for David Christopher Clark
Issuer symbol
JBLU
Transactions as of
25 Feb 2022
Transactions value $
-$58,419
Form type
4
Filing time
28 Feb 2022, 14:42:09 UTC
Previous filing
24 Feb 2022
Next filing
04 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +3.05K +199.41% 4.58K 25 Feb 2022 Direct F1
transaction JBLU Common Stock Tax liability -$16.6K -1.1K -24.02% $15.14 3.48K 25 Feb 2022 Direct F4
transaction JBLU Common Stock Options Exercise +3.87K +111.19% 7.34K 25 Feb 2022 Direct F1
transaction JBLU Common Stock Tax liability -$21.3K -1.38K -18.73% $15.52 5.97K 25 Feb 2022 Direct F4
transaction JBLU Common Stock Options Exercise +3.65K +61.23% 9.62K 25 Feb 2022 Direct F1
transaction JBLU Common Stock Tax liability -$20.4K -1.32K -13.69% $15.52 8.3K 25 Feb 2022 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 -3.87K -100% 0 25 Feb 2022 Common Stock 3.87K Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -3.65K -50% 3.65K 25 Feb 2022 Common Stock 3.65K Direct F1, F3
transaction JBLU Restricted Stock Units Options Exercise -3.05K -33.33% 6.1K 25 Feb 2022 Common Stock 3.05K Direct F1, 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 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2019.
F3 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2020.
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.
F5 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2021.