Emily Halverson - Dec 1, 2023 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: VP FIN AND CONTROLLER
Signature: /s/ Howard Kuppler, by power of attorney
Stock symbol: ALK
Transactions as of: Dec 1, 2023
Transactions value $: -$1,669
Form type: 4
Date filed: 12/5/2023, 06:09 PM
Previous filing: Nov 6, 2023
Next filing: Feb 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALK	COMMON STOCK	Options Exercise	$0	+170	+2.89%	$0.00	6.06K	Dec 1, 2023	Direct	F1
transaction	ALK	COMMON STOCK	Tax liability	-$1.67K	-42	-0.69%	$39.73	6.02K	Dec 1, 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	Options Exercise	$0	-170	-100%	$0.00^*	0	Dec 1, 2023	COMMON STOCK	170	$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 (RSUs) 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.