SEC Form 4 · accession 0001159154-15-000027
REPUBLIC AIRWAYS HOLDINGS INC · RJETQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Keith Bedford
Officer — Chairman, President & CEO · Director
Period of report
Mar 11, 2015
Accepted (ET)
Mar 13, 2015 · 4:34 pm EDT
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 | Mar 11, 2015 | M | 200,000 | $4.10 | A | 630,996 | D | |
| Common Stock, par value $0.001 per shareF1,F2 | Mar 11, 2015 | S | 200,000 | $12.87 | D | 430,996 | 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 | $4.10 | Mar 11, 2015 | M | 200,000 | D | — | Jun 22, 2019 | Common Stock, par value $0.001 per share | 200,000 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.80 to 13.04,inclusive. The reporting person undertakes to provide Republic Airways Holdings Inc., any security holder of Republic Airways Holdings Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2This number includes 215,341 restricted shares, of which 169,508 are vested, 33,333 vest on 3/30/2015, 12,500 vest on March 11, 2016, and 60,000 restricted stock units of which 1/3 vest annually beginning June 6, 2015.
- F3The options vested over a four year period beginning June 22, 2009.