SEC Form 4 · accession 0001179110-18-000785
JETBLUE AIRWAYS CORP · JBLU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J Priest
Officer — EVP Chief Financial Officer
Period of report
Oct 14, 2017
Accepted (ET)
Jan 9, 2018 · 7:02 pm EST
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 | Oct 14, 2017 | M | 1,713 | — | A | 31,309 | D | |
| Common StockF3,F4 | Oct 14, 2017 | F | 636 | $20.37 | D | 32,632 | 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 | — | Oct 14, 2017 | M | 1,713 | D | — | — | Common Stock | 1,713 | 26,526 | D |
Explanation of responses
- F1Upon vesting, Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
- F2The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of October 14, 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.
- F4This amount includes shares purchased through the JetBlue Airways Crewmember Stock Purchase Plan, which shares are exempt from section 16(a) and (b).