Benito Minicucci - Nov 5, 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Nov 5, 2024
Transactions value $
-$75,365
Form type
4
Date filed
11/7/2024, 06:14 PM
Previous filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +3.94K +2.84% $0.00 143K Nov 5, 2024 Direct F1
transaction ALK COMMON STOCK Tax liability -$75.4K -1.55K -1.09% $48.56 141K Nov 5, 2024 Direct F2

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 -3.94K -50% $0.00 3.94K Nov 5, 2024 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 Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
F2 The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.
F3 The RSUs vesting were from a grant of 19,710 shares awarded on November 5, 2020, that vest annually in 20% installments, or 3,942 shares, on each of the first five anniversaries of the grant date. The final installment of 3,942 shares will vest on 11/5/2025.