Jason M. Berry - 13 Feb 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AAG Cargo & Pres Horizon
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
13 Feb 2025
Net transactions value
-$48,167
Form type
4
Filing time
18 Feb 2025, 17:05:21 UTC
Previous filing
11 Feb 2025
Next filing
21 Mar 2025
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 +2,726 +203% $0.000000 4,066 13 Feb 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $48,167 -664 -16% $72.54 3,402 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 -2,726 -33% $0.000000 5,454 13 Feb 2025 COMMON STOCK 2,726 $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 8,180 shares that vested or will vest in three annual installments as follows: 2,726 shares on February 13, 2025; 2,727 shares on February 13, 2026; and 2,727 shares on February 13, 2027.