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

Role
VP Controller
Signature
/s/ Alexander Chatkewitz
Issuer symbol
JBLU
Transactions as of
25 Feb 2022
Net transactions value
-$51,080
Form type
4
Filing time
01 Mar 2022, 11:28:21 UTC
Previous filing
27 May 2021
Next filing
11 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +2,612 +22% 14,595 25 Feb 2022 Direct F1
transaction JBLU Common Stock Tax liability $15,942 -1,053 -7.2% $15.14 13,542 25 Feb 2022 Direct F4
transaction JBLU Common Stock Options Exercise +2,899 +21% 16,441 25 Feb 2022 Direct F1
transaction JBLU Common Stock Tax liability $17,988 -1,159 -7% $15.52 15,282 25 Feb 2022 Direct F4
transaction JBLU Common Stock Options Exercise +2,740 +18% 18,022 25 Feb 2022 Direct F1
transaction JBLU Common Stock Tax liability $17,150 -1,105 -6.1% $15.52 16,917 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 -2,899 -100% 0 25 Feb 2022 Common Stock 2,899 Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -2,740 -50% 2,740 25 Feb 2022 Common Stock 2,740 Direct F1, F3
transaction JBLU Restricted Stock Units Options Exercise -2,612 -33% 5,224 25 Feb 2022 Common Stock 2,612 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.