EMILY HALVERSON - 02 Nov 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
VP Finance, Controller & Treas
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
02 Nov 2024
Net transactions value
-$11,668
Form type
4
Filing time
05 Nov 2024, 17:33:45 UTC
Previous filing
21 Mar 2024
Next filing
19 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +970 +14% $0.000000 7,977 02 Nov 2024 Direct F1
transaction ALK COMMON STOCK Tax liability $11,668 -237 -2.7% $49.23 8,479 02 Nov 2024 Direct F2, F3

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 -970 -33% $0.000000 1,940 02 Nov 2024 COMMON STOCK 970 $0.000000 Direct F1, F4
* 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.
F3 Includes 556 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan (ESPP) on April 30, 2024, and 183 share acquired under the ESPP on October 31, 2024, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F4 The RSUs vesting were from a grant of 2,910 shares awarded on 11/1/2023 that vested as to 970 shares on 11/2/2024 and that will vest as to 970 shares on 11/2/2025 and as to 970 shares on 11/2/2026.