Andrew R. Harrison - Feb 9, 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AND CCO
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Feb 9, 2024
Transactions value $
-$84,012
Form type
4
Date filed
2/13/2024, 05:54 PM
Previous filing
Nov 7, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +7.24K +34.09% $0.00 28.5K Feb 9, 2024 Direct F1
transaction ALK COMMON STOCK Tax liability -$84K -2.26K -7.93% $37.19 26.2K Feb 9, 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 -7.24K -100% $0.00* 0 Feb 9, 2024 COMMON STOCK 7.24K $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 (RSUs) convert to common stock on a one-for-one basis.
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.