Benito Minicucci - Nov 5, 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
CEO AND PRESIDENT
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Nov 5, 2022
Transactions value $
-$156,651
Form type
4
Date filed
11/8/2022, 05:01 PM
Previous filing
Feb 16, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +4.93K +4.7% $0.00 110K Nov 5, 2022 Direct F1
transaction ALK COMMON STOCK Tax liability -$87K -1.94K -1.77% $44.86 108K Nov 5, 2022 Direct
transaction ALK COMMON STOCK Options Exercise $0 +3.94K +3.66% $0.00 112K Nov 5, 2022 Direct F1
transaction ALK COMMON STOCK Tax liability -$69.6K -1.55K -1.39% $44.86 110K Nov 5, 2022 Direct

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 -4.93K -50% $0.00 4.93K Nov 5, 2022 COMMON STOCK 4.93K $0.00 Direct F1, F2
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -3.94K -25% $0.00 11.8K Nov 5, 2022 COMMON STOCK 3.94K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis.
F2 On November 5, 2020, the reporting person was granted 14,790 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F3 On November 5, 2020, the reporting person was granted 19,710 RSUs, vesting in five equal annual installments beginning on the first anniversary of the grant date.