SEC Form 4 · accession 0001159154-15-000008
REPUBLIC AIRWAYS HOLDINGS INC · RJETQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lars Erik Arnell
Officer — SVP Corporate Development
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 4:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001159154
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Jan 22, 2015 | M | 2,500 | $10.29 | A | 57,500 | D | |
| Common Stock, par value $0.001 per shareF1,F2 | Jan 22, 2015 | S | 2,500 | $14.89 | D | 55,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $10.29 | Jan 22, 2015 | M | 2,500 | D | — | Mar 11, 2023 | Common Stock, par value $0.001 per share | 2,500 | 5,500 | D |
Explanation of responses
- F1These shares were sold pursuant to a written plan as specified in Rule 10b5-1 of the Securities Exchange Act of 1934.
- F2This number includes 30,000 restricted shares, of which 16,667 vest on 3/30/2015, 6,667 vest on March 11, 2015 and 6,666 vest March 11, 2016, and 25,000 restricted stock units of which 1/3 vest annually beginning June 6, 2015.
- F32,667 of the shares underlying the option vested and became exercisable on March 11, 2014 and 5,500 of the shares underlying the option vest and become exercisable in equal annual installments from March 11, 2015 to March 11, 2016.