Andrea L. Schneider - 09 Feb 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
SVP PEOPLE
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
09 Feb 2024
Net transactions value
-$23,727
Form type
4
Filing time
13 Feb 2024, 17:22:31 UTC
Previous filing
07 Nov 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +2,900 +15% $0.000000 22,271 09 Feb 2024 Direct F1
transaction ALK COMMON STOCK Tax liability $23,727 -638 -2.9% $37.19 21,633 09 Feb 2024 Direct F2
holding ALK COMMON STOCK 15 09 Feb 2024 BY SPOUSE

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 -2,900 -100% $0.000000* 0 09 Feb 2024 COMMON STOCK 2,900 $0.000000 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.