JOSEPH A. SPRAGUE - 05 Nov 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
PRESIDENT, HORIZON AIR
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
05 Nov 2022
Net transactions value
-$23,242
Form type
4
Filing time
08 Nov 2022, 17:09:44 UTC
Previous filing
09 Feb 2022
Next filing
13 Dec 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 +987 +6.3% $0.000000 16,694 05 Nov 2022 Direct F1
transaction ALK COMMON STOCK Tax liability $10,811 -241 -1.4% $44.86 16,453 05 Nov 2022 Direct
transaction ALK COMMON STOCK Options Exercise $0 +1,131 +6.9% $0.000000 17,584 07 Nov 2022 Direct F1
transaction ALK COMMON STOCK Tax liability $12,431 -276 -1.6% $45.04 17,308 07 Nov 2022 Direct
holding ALK COMMON STOCK 7,049 05 Nov 2022 ESOP TRUST 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 -987 -50% $0.000000 987 05 Nov 2022 COMMON STOCK 987 $0.000000 Direct F1, F3
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -1,131 -100% $0.000000* 0 07 Nov 2022 COMMON STOCK 1,131 $0.000000 Direct F1, F4
* 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 Common Shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2021.
F3 On November 5, 2020, the reporting person was granted 2,960 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F4 On November 7, 2019, the reporting person was granted 3,390 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.