SEC Form 4 · accession 0001246360-17-000650
ALASKA AIR GROUP, INC. · ALK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew R Harrison
Officer — EVP & CRO
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 9:07 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 STOCK | Feb 10, 2017 | M | 1,827 | $65.63 | A | 16,555 | D | |
| COMMON STOCK | Feb 10, 2017 | M | 180 | $38.755 | A | 16,735 | D | |
| COMMON STOCK | Feb 10, 2017 | S | 5,007 | $98.37 | D | 11,728 | D | |
| COMMON STOCK | Feb 11, 2017 | A | 1,760 | $0.00 | A | 13,488 | D | |
| RESTRICTED STOCK UNIT | Feb 11, 2017 | J | 1,780 | $0.00 | D | 7,440 | D | |
| COMMON STOCKF6 | Feb 11, 2017 | F | 487 | $97.35 | D | 13,001 | D | |
| COMMON STOCK | Feb 13, 2017 | M | 1,396 | $24.40 | A | 14,397 | D | |
| COMMON STOCK | Feb 13, 2017 | M | 840 | $38.755 | A | 15,237 | D | |
| COMMON STOCK | Feb 13, 2017 | M | 1,573 | $65.37 | A | 16,810 | D | |
| COMMON STOCK | Feb 13, 2017 | S | 1,573 | $97.5984 | D | 15,237 | 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)F1 | $65.63 | Feb 10, 2017 | M | 1,827 | D | Feb 9, 2017 | Feb 9, 2026 | COMMON STOCK | 1,827 | 5,483 | D |
| EMPLOYEE STOCK OPTION (RT TO BUY)F2 | $38.755 | Feb 10, 2017 | M | 180 | D | Feb 11, 2015 | Feb 11, 2024 | COMMON STOCK | 180 | 1,680 | D |
| EMPLOYEE STOCK OPTION (RT TO BUY) | $24.40 | Feb 13, 2017 | M | 1,396 | D | Feb 11, 2014 | Feb 11, 2023 | COMMON STOCK | 1,396 | 0 | D |
| EMPLOYEE STOCK OPTION (RT TO BUY)F2 | $38.755 | Feb 13, 2017 | M | 840 | D | Feb 11, 2015 | Feb 11, 2024 | COMMON STOCK | 840 | 840 | D |
| EMPLOYEE STOCK OPTION (RT TO BUY)F7 | $65.37 | Feb 13, 2017 | M | 1,573 | D | Feb 10, 2016 | Feb 10, 2025 | COMMON STOCK | 1,573 | 3,145 | D |
Explanation of responses
- F1OPTIONS REMAINING WILL VEST AS FOLLOWS: 1,828 ON 2/9/2018; 1,827 ON 2/9/2019; AND 1,828 ON 2/9/2020.
- F2THE 840 OPTIONS REMAINING WILL VEST ON 2/11/2018.
- F3COMMON SHARES ACQUIRED UPON VESTING OF RESTRICTED STOCK UNITS AWARDED UNDER THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN.
- F4FULLY VESTED RESTRICTED STOCK UNITS ISSUED IN ALASKA AIR GROUP COMMON STOCK.
- F5COMMON SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS.
- F6PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF THE SHARES ON THE DATE OF FORFEITURE.
- F7OPTIONS REMAINING WILL VEST AS FOLLOWS: 1,572 ON 2/10/2018 AND 1,573 ON 2/10/2019.