Rakow Diana Birkett - May 2, 2023 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
SVP PUB AFFAIRS/SUSTAINABILITY
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
May 2, 2023
Transactions value $
-$11,146
Form type
4
Date filed
5/4/2023, 04:34 PM
Previous filing
Feb 14, 2023
Next filing
Nov 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +1.06K +17.22% $0.00 7.18K May 2, 2023 Direct F1
transaction ALK COMMON STOCK Tax liability -$11.1K -257 -3.58% $43.37 6.92K May 2, 2023 Direct 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 Award $0 +1.06K $0.00 1.06K May 2, 2023 COMMON STOCK 1.06K $0.00 Direct F1
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -1.06K -100% $0.00* 0 May 2, 2023 COMMON STOCK 1.06K $0.00 Direct F1
transaction ALK RESTRICTED STOCK UNITS Award $0 +1.93K $0.00 1.93K May 2, 2023 COMMON STOCK 1.93K $0.00 Direct F1
transaction ALK RESTRICTED STOCK UNITS Award $0 +2.09K $0.00 2.09K May 2, 2023 COMMON STOCK 2.09K $0.00 Direct F1
transaction ALK COMMON STOCK Award $0 +5.16K $0.00 5.16K May 4, 2023 COMMON STOCK 5.16K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of ALK common stock.
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.