SEC Form 4 · accession 0001179110-16-022947
JETBLUE AIRWAYS CORP · JBLU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin J St George
Officer — EVP Commercial
Period of report
Apr 8, 2016
Accepted (ET)
Apr 11, 2016 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158463
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 8, 2016 | M | 2,160 | — | A | 20,768 | D | |
| Common StockF3 | Apr 8, 2016 | F | 799 | $19.37 | D | 19,969 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 8, 2016 | D | 2,160 | D | — | — | Common Stock | 2,160 | 35,305 | D |
Explanation of responses
- F1Upon vesting, the Reporting Person is entitled to receive one share of common stock for each vested restricted stock unit.
- F2The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of April 8, 2015.
- F3These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States.