CONSTANCE E. VON MUEHLEN - 09 Sep 2021 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AND COO
Signature
/S/JEANNE E GAMMON, ATTORNEY IN FACT FOR CONSTANCE E VON MUEHLEN
Issuer symbol
ALK
Transactions as of
09 Sep 2021
Net transactions value
-$17,213
Form type
4
Filing time
08 Nov 2021, 16:49:24 UTC
Previous filing
14 Aug 2024
Next filing
24 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +168 +144% $0.000000 285 09 Sep 2021 HELD BY SPOUSE
transaction ALK COMMON STOCK Tax liability $2,910 -50 -18% $58.20 235 09 Sep 2021 HELD BY SPOUSE F2, F3
transaction ALK COMMON STOCK Options Exercise $0 +986 +30% $0.000000 4,325 05 Nov 2021 Direct
transaction ALK COMMON STOCK Tax liability $14,303 -241 -5.6% $59.35 4,084 05 Nov 2021 Direct F3, F5

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 -168 -33% $0.000000 335 09 Sep 2021 COMMON STOCK 168 $0.000000 HELD BY SPOUSE F1
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -986 -33% $0.000000 1,974 05 Nov 2021 COMMON STOCK 986 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 OUTSTANDING RESTRICTED STOCK UNITS SCHEDULED TO VEST IN EQUAL INSTALLMENTS ON 9/9/2021, 3/9/2022 AND 9/9/2022. THE RSUs CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE BASIS.
F2 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 9/9/2021.
F3 PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.
F4 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.
F5 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 11/05/2021.