KYLE B. LEVINE - 14 Feb 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: SVP LEGAL & GEN COUNSEL
Signature: /s/JEANNE E. GAMMON, ATTORNEY IN FACT FOR KYLE B. LEVINE
Issuer symbol: ALK
Transactions as of: 14 Feb 2022
Net transactions value: -$17,103
Form type: 4
Filing time: 16 Feb 2022, 16:01:13 UTC
Previous filing: 09 Feb 2022
Next filing: 08 Nov 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	+1,230	+14%	$0.000000	10,324	14 Feb 2022	Direct
transaction	ALK	COMMON STOCK	Tax liability	$17,103	-300	-2.9%	$57.01	10,024	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	-1,230	-100%	$0.000000^*	0	14 Feb 2022	COMMON STOCK	1,230	$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.