SEC Form 4 · accession 0001246360-17-000658
ALASKA AIR GROUP, INC. · ALK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brandon Pedersen
Officer — EXEC VP/FINANCE & CFO
Period of report
Feb 11, 2017
Accepted (ET)
Feb 14, 2017 · 9:35 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 11, 2017 | A | 5,180 | $0.00 | A | 21,180 | D | |
| RESTRICTED STOCK UNIT | Feb 11, 2017 | J | 5,180 | $0.00 | D | 8,180 | D | |
| COMMON STOCKF4 | Feb 11, 2017 | F | 1,727 | $97.35 | D | 19,453 | D | |
| COMMON STOCK | Feb 13, 2017 | M | 1,972 | $38.755 | A | 21,425 | D | |
| COMMON STOCK | Feb 13, 2017 | S | 1,972 | $97.46 | D | 19,453 | 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)F6 | $38.755 | Feb 13, 2017 | M | 1,972 | D | Feb 11, 2015 | Feb 11, 2024 | COMMON STOCK | 1,972 | 2,918 | D |
Explanation of responses
- F1COMMON SHARES ACQUIRED UPON VESTING OF RESTRICTED STOCK UNITS AWARDED UNDER THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN.
- F2FULLY VESTED RESTRICTED STOCK UNITS ISSUED IN ALASKA AIR GROUP COMMON STOCK.
- F3COMMON SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS.
- F4PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF THE SHARES ON THE DATE OF FORFEITURE.
- F5SAME-DAY EXERCISE OF OPTIONS AND SALE EFFECTED PURSUANT TO A RULE 10b5-1 TRADING PLAN ADOPTED BY MR. PEDERSEN ON 4/26/2016.
- F6REMAINING OPTIONS INCLUDE 472 VESTED AND 2,446 VESTING ON 02/11/2018.