SEC Form 4 · accession 0001159154-15-000035

REPUBLIC AIRWAYS HOLDINGS INC · RJETQ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Wayne C Heller

Officer — EVP & COO

Period of report

Mar 11, 2015

Accepted (ET)

Mar 13, 2015 · 8:16 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
Common Stock, par value $0.001 per share^F1	Mar 11, 2015	S	14,912	$12.86	D	68,000	D
Common Stock, par value $0.001 per share	Mar 12, 2015	M	49,321	$12.70	A	117,321	D
Common Stock, par value $0.001 per share	Mar 12, 2015	S	49,321	$13.20	D	68,000	D
Common Stock, par value $0.001 per share	Mar 12, 2015	M	3,334	$10.29	A	71,334	D
Common Stock, par value $0.001 per share	Mar 12, 2015	S	3,334	$13.20	D	68,000	D
Common Stock, par value $0.001 per share	Mar 13, 2015	D	25,333	$0.00	D	42,667	D
Common Stock, par value $0.001 per share	Mar 13, 2015	M	100,679	$12.70	A	143,346	D
Common Stock, par value $0.001 per share^F2	Mar 13, 2015	S	100,679	$13.51	D	42,667	D
Common Stock, par value $0.001 per share	Mar 13, 2015	M	6,666	$10.29	A	49,333	D
Common Stock, par value $0.001 per share^F3	Mar 13, 2015	S	6,666	$13.51	D	42,667	D
Common Stock, par value $0.001 per share^F2	Mar 13, 2015	S	42,667	$13.51	D	0	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)^F4	$12.70	Mar 12, 2015	M	49,321	D	—	Dec 7, 2018	Common Stock, par value $0.001 per share	49,321	100,679	D
Employee Stock Option (right to buy)^F5	$10.29	Mar 12, 2015	M	3,334	D	—	Mar 11, 2023	Common Stock, par value $0.001 per share	3,334	6,666	D
Employee Stock Option (right to buy)^F4	$12.70	Mar 11, 2015	M	100,679	D	—	Dec 7, 2018	Common Stock, par value $0.001 per share	100,679	0	D
Employee Stock Option (right to buy)^F5	$10.29	Mar 13, 2015	M	6,666	D	—	Mar 11, 2023	Common Stock, par value $0.001 per share	6,666	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 $12.71 to $13.00,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.
F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.44 to $13.59,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.
F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.45 to $13.57,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.
F4The option vested over a three year period beginning January 1, 2009.
F53,334 and 3,333 of the shares underlying the option vested and became exercisable on March 11, 2014 and March 11, 2015,respectively. 3,333 of the shares underlying the option became exercisable on March 13, 2015, due to the acceleration of vesting related to separation agreement.