CHRISTOPHER MICHAEL BERRY - 14 Feb 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: VP FIN AND CONTROLLER
Signature: /s/JEANNE E. GAMMON, ATTORNEY IN FACT FOR CHRISTOPHER MICHAEL BERRY
Issuer symbol: ALK
Transactions as of: 14 Feb 2022
Net transactions value: -$13,910
Form type: 4
Filing time: 16 Feb 2022, 15:31:13 UTC
Previous filing: 09 Feb 2022
Next filing: 03 Aug 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	+1,000	+17%	$0.000000	6,987	14 Feb 2022	Direct
transaction	ALK	COMMON STOCK	Tax liability	$13,910	-244	-3.5%	$57.01	6,743	14 Feb 2022	Direct	F1, 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	-1,000	-100%	$0.000000^*	0	14 Feb 2022	COMMON STOCK	1,000	$0.000000	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 2/14/2022.
F2	PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.