Joseph A. Sprague - Feb 9, 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
Reg Pres Hawaii - Alaska A/L
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Feb 9, 2024
Transactions value $
-$23,727
Form type
4
Date filed
2/13/2024, 05:16 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 +2.9K +17.85% $0.00 19.2K Feb 9, 2024 Direct F1
transaction ALK COMMON STOCK Tax liability -$23.7K -638 -3.33% $37.19 18.5K Feb 9, 2024 Direct F2
holding ALK COMMON STOCK 7.05K Feb 9, 2024 ESOP TRUST F3

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 -2.9K -100% $0.00* 0 Feb 9, 2024 COMMON STOCK 2.9K $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.
F3 Common Shares held in the Alaska Air Group Inc. Employee Stock Ownership 401(k) Plan Trust, as of 12/31/2023.