Rakow Diana Birkett - 13 Feb 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
13 Feb 2025
Net transactions value
-$116,789
Form type
4
Filing time
18 Feb 2025, 17:07:51 UTC
Previous filing
11 Feb 2025
Next filing
30 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise +4,090 +26% 19,867 13 Feb 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $116,789 -1,610 -8.1% $72.54 18,257 13 Feb 2025 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 Options Exercise $0 -4,090 -33% $0.000000 8,180 13 Feb 2025 COMMON STOCK 4,090 $0.000000 Direct F1, F3
* 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 The RSUs vesting were from a grant of 12,270 shares that vested or will vest in three annual installments as follows: 4,090 shares on February 13, 2025; 4,090 shares on February 13, 2026; and 4,090 shares on February 13, 2027.