Alexander Chatkewitz - Feb 25, 2022 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
VP Controller
Signature
/s/ Alexander Chatkewitz
Stock symbol
JBLU
Transactions as of
Feb 25, 2022
Transactions value $
-$51,080
Form type
4
Date filed
3/1/2022, 11:28 AM
Previous filing
May 27, 2021
Next filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +2.61K +21.8% 14.6K Feb 25, 2022 Direct F1
transaction JBLU Common Stock Tax liability -$15.9K -1.05K -7.21% $15.14 13.5K Feb 25, 2022 Direct F4
transaction JBLU Common Stock Options Exercise +2.9K +21.41% 16.4K Feb 25, 2022 Direct F1
transaction JBLU Common Stock Tax liability -$18K -1.16K -7.05% $15.52 15.3K Feb 25, 2022 Direct F4
transaction JBLU Common Stock Options Exercise +2.74K +17.93% 18K Feb 25, 2022 Direct F1
transaction JBLU Common Stock Tax liability -$17.1K -1.11K -6.13% $15.52 16.9K 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 -2.9K -100% 0 Feb 25, 2022 Common Stock 2.9K 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 -2.61K -33.33% 5.22K Feb 25, 2022 Common Stock 2.61K 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.