SEC Form 4 · accession 0001246360-15-002964
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
Aug 13, 2015
Accepted (ET)
Aug 19, 2015 · 8:14 pm EDT
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 STOCK | Aug 13, 2015 | G | 40,000 | $0.00 | D | 204,257 | D | |
| COMMON STOCK | Aug 18, 2015 | M | 20,800 | $8.315 | A | 225,057 | D | |
| COMMON STOCKF3 | Aug 18, 2015 | S | 19,355 | $80.5287 | D | 205,702 | D | |
| COMMON STOCKF4 | Aug 18, 2015 | S | 1,445 | $81.362 | D | 204,257 | D | |
| COMMON STOCK | Aug 18, 2015 | S | 5,000 | $81.56 | D | 199,257 | D | |
| COMMON STOCK 401(K)F1 | holding | — | — | — | 15,473 | I | ESOP TRUST | |
| RESTRICTED STOCK UNITF2 | holding | — | — | — | 35,980 | 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 (RT TO BUY) | $8.315 | Aug 18, 2015 | M | 20,800 | D | Feb 3, 2011 | Feb 3, 2020 | COMMON STOCK | 20,800 | 40,000 | 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.
- F2STOCK UNITS AWARDED UNDER THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN; SUBJECT TO FORFEITURE.
- F3THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $80.50 TO $80.66, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO ALASKA AIR GROUP, ANY SECURITY HOLDER OF ALASKA AIR GROUP, 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 RANGES SET FORTH IN THIS FOOTNOTE.
- F4THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $80.67 TO $81.56, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO ALASKA AIR GROUP, ANY SECURITY HOLDER OF ALASKA AIR GROUP, 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 RANGES SET FORTH IN THIS FOOTNOTE.
- F5SALE EFFECTED PURSUANT TO A RULE 10b5-1 TRADING PLAN ADOPTED BY MR. TILDEN ON 3/2/2015.