Shane R. Tackett - Oct 31, 2021 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Signature
/S/ JEANNE E GAMMON, ATTORNEY IN FACT FOR SHANE R. TACKETT
Stock symbol
ALK
Transactions as of
Oct 31, 2021
Transactions value $
-$71,727
Form type
4
Date filed
11/8/2021, 04:49 PM
Previous filing
Sep 13, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Award $5.07K +113 +1.31% $44.88 8.77K Oct 31, 2021 Direct F2
transaction ALK COMMON STOCK Options Exercise $0 +3.29K +37.47% $0.00 12.1K Nov 5, 2021 Direct
transaction ALK COMMON STOCK Tax liability -$76.8K -1.29K -10.73% $59.35 10.8K Nov 5, 2021 Direct F3, F4
holding ALK COMMON STOCK 401(K) 2.81K Oct 31, 2021 ESOP TRUST F1

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 -3.29K -33.33% $0.00 6.57K Nov 5, 2021 COMMON STOCK 3.29K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 COMMON SHARES HELD IN THE ALASKA AIR GROUP INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN TRUST, AS OF 12/31/2020.
F2 SHARES ACQUIRED UNDER THE ALASKA AIR GROUP, INC. EMPLOYEE STOCK PURCHASE PLAN IN TRANSACTIONS THAT WERE EXEMPT UNDER BOTH RULE 16b-3(d) and RULE 16b-3(c).
F3 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 11/05/2021.
F4 PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.
F5 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.