Andrew R. Harrison - 13 Feb 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AND CCO
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
13 Feb 2025
Net transactions value
-$252,947
Form type
4
Filing time
18 Feb 2025, 17:14:23 UTC
Previous filing
11 Feb 2025
Next filing
24 Feb 2025
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 +8,860 +25% $0.000000 44,117 13 Feb 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $252,947 -3,487 -7.9% $72.54 40,630 13 Feb 2025 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 -8,860 -33% $0.000000 17,720 13 Feb 2025 COMMON STOCK 8,860 $0.000000 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 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.
F3 The RSUs vesting were from grants of 26,580 shares that vested or will vest in three annual installments as follows: 8,860 shares on February 13, 2025; 8,860 shares on February 13, 2026; and 8,860 shares on February 13, 2027.