SEC Form 4 · accession 0001246360-15-000819
ALASKA AIR GROUP, INC. · ALK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley D Tilden
Officer — CHAIRMAN, PRESIDENT AND CEO
Period of report
Jun 4, 2014
Accepted (ET)
Feb 12, 2015 · 6:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000766421
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF3 | Jun 4, 2014 | G | 628 | $0.00 | D | 222,620 | D | |
| COMMON STOCK | Aug 13, 2014 | G | 232 | $0.00 | D | 222,388 | D | |
| COMMON STOCK | Nov 7, 2014 | G | 1,855 | $0.00 | D | 220,533 | D | |
| COMMON STOCK | Nov 10, 2014 | G | 464 | $0.00 | D | 220,069 | D | |
| COMMON STOCK | Nov 13, 2014 | G | 370 | $0.00 | D | 219,699 | D | |
| COMMON STOCK | Nov 24, 2014 | G | 890 | $0.00 | D | 218,809 | D | |
| COMMON STOCK | Jan 29, 2015 | G | 365 | $0.00 | D | 218,444 | D | |
| COMMON STOCK | Feb 10, 2015 | A | 158,648 | $0.00 | A | 377,092 | D | |
| RESTRICTED STOCK UNITF6 | Feb 10, 2015 | A | 6,000 | $0.00 | A | 58,380 | D | |
| COMMON STOCK | Feb 10, 2015 | F | 66,553 | $63.51 | D | 310,539 | D | |
| COMMON STOCK 401(K)F1,F2 | holding | — | — | — | 15,473 | I | ESOP TRUST |
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 (RT TO BUY)F5 | $65.37 | Feb 10, 2015 | A | 13,600 | A | Feb 10, 2016 | Feb 10, 2025 | COMMON STOCK | 13,600 | 13,600 | D |
Explanation of responses
- F1COMMON SHARES HELD IN THE ALASKA AIR GROUP INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN TRUST AS OF 12/31/14.
- F2TOTAL SHARES BENEFICIALLY HELD HAVE BEEN ADJUSTED TO GIVE EFFECT TO THE 2-FOR-1 STOCK SPLIT THAT OCCURRED ON 7/9/2014.
- F3TOTAL SHARES BENEFICIALLY HELD PRIOR 7/9/2014 HAVE BEEN ADJUSTED TO GIVE EFFECT TO THE 2-FOR-1 STOCK SPLIT THAT OCCURRED ON 7/9/2014.
- F4ALK COMMON SHARES ISSUED UPON ATTAINING PERFORMANCE GOALS SET FOR A THREE-YEAR PERIOD ENDING 12/31/2014, IN ACCORDANCE WITH THE TERMS OF PERFORMANCE STOCK UNITS GRANTED ON 2/14/2012 UNDER THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN; PER APPROVAL BY THE BOARD'S COMPENSATION COMMITTEE ON 2/10/2015.
- F5OPTIONS GRANTED VEST IN 25% INCREMENTS OVER FOUR YEARS (02/10/2016, 02/10/2017, 02/10/2018 AND 02/10/2019).
- F6TOTAL UNVESTED RESTRICTED STOCK UNITS REPORTED PRIOR TO 7/9/014 HAVE BEEN ADJUSTED TO GIVE EFFECT TO THE 2-FOR-1 STOCK SPLIT THAT OCCURRED ON 7/9/2014.
- F7STOCK UNITS AWARDED UNDER THE ALASKA AIR GROUP, INC. 2008 PERFORMANCE INCENTIVE PLAN ON 2/10/2015 WILL CLIFF VEST ON 2/10/2018. UNITS ARE NO LONGER SUBJECT TO FORFEITURE.
- F8COMMON SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF PERFORMANCE STOCK UNITS ON 02/10/2015. AMOUNT PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF THE SHARES ON THE DATE OF FORFEITURE.