Ursula L. Hurley - Feb 25, 2022 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role: Chief Financial Officer
Signature: /s/ Ursula Hurley
Stock symbol: JBLU
Transactions as of: Feb 25, 2022
Transactions value $: -$37,987
Form type: 4
Date filed: 3/1/2022, 09:28 AM
Previous filing: Nov 3, 2021
Next filing: May 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JBLU	Common Stock	Options Exercise		+1.74K	+28.24%		7.91K	Feb 25, 2022	Direct	F1
transaction	JBLU	Common Stock	Tax liability	-$9.51K	-628	-7.94%	$15.14	7.28K	Feb 25, 2022	Direct	F4
transaction	JBLU	Common Stock	Options Exercise		+2.42K	+33.19%		9.7K	Feb 25, 2022	Direct	F1
transaction	JBLU	Common Stock	Tax liability	-$13.2K	-850	-8.77%	$15.52	8.85K	Feb 25, 2022	Direct	F4
transaction	JBLU	Common Stock	Options Exercise		+2.74K	+30.98%		11.6K	Feb 25, 2022	Direct	F1
transaction	JBLU	Common Stock	Tax liability	-$15.3K	-985	-8.5%	$15.52	10.6K	Feb 25, 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		-2.42K	-100%		0	Feb 25, 2022	Common Stock	2.42K		Direct	F1, F2
transaction	JBLU	Restricted Stock Units	Options Exercise		-2.74K	-50%		2.74K	Feb 25, 2022	Common Stock	2.74K		Direct	F1, F3
transaction	JBLU	Restricted Stock Units	Options Exercise		-1.74K	-33.33%		3.48K	Feb 25, 2022	Common Stock	1.74K		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.