Rakow Diana Birkett - Nov 5, 2021 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
VP PUB AFFRS & SUSTAINABILITY
Signature
/S/JEANNE E. GAMMON, ATTORNEY IN FACT FOR DIANA BIRKETT RAKOW
Stock symbol
ALK
Transactions as of
Nov 5, 2021
Transactions value $
-$14,303
Form type
4
Date filed
11/8/2021, 04:35 PM
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +986 +46.91% $0.00 3.09K Nov 5, 2021 Direct
transaction ALK COMMON STOCK Tax liability -$14.3K -241 -7.8% $59.35 2.85K Nov 5, 2021 Direct F2, F3

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 ALK RESTRICTED STOCK UNITS Options Exercise $0 -986 -33.31% $0.00 1.97K Nov 5, 2021 COMMON STOCK 986 $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RESTRICTED STOCK UNITS VEST ANNUALLY IN EQUAL INSTALLMENTS ON THE FIRST THREE ANNIVERSARIES OF THE GRANT DATE AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS.
F2 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 11/05/2021.
F3 PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.