CONSTANCE E. VON MUEHLEN - 18 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
18 Feb 2025
Net transactions value
-$993,269
Form type
4
Filing time
19 Feb 2025, 16:58:56 UTC
Previous filing
18 Feb 2025
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $99,517 +2,540 +8.7% $39.18 31,857 18 Feb 2025 Direct
transaction ALK COMMON STOCK Options Exercise $571,647 +10,326 +32% $55.36 42,183 18 Feb 2025 Direct
transaction ALK COMMON STOCK Sale $1,664,434 -22,157 -53% $75.12 20,026 18 Feb 2025 Direct
holding ALK COMMON STOCK 610 18 Feb 2025 Held 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 EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -2,540 -100% $0.000000 0 18 Feb 2025 COMMON STOCK 2,540 $39.18 Direct F1
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -10,326 -75% $0.000000 3,444 18 Feb 2025 COMMON STOCK 10,326 $55.36 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Options vested in 33% increments over three years (11/5/2021, 11/5/2022, and 11/5/2023).
F2 The Options vested or will vest in 25% increments over four years (2/7/2023, 2/7/2024, 2/7/2025 and 2/7/2026).