SEC Form 4 · accession 0001179110-15-002912
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexandria Panot Marren
Officer — Chief Operating Officer of Sub
Period of report
Feb 17, 2015
Accepted (ET)
Feb 18, 2015 · 9:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000793733
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2015 | A | 29,312 | $0.00 | A | 42,892 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $13.51 | Feb 17, 2015 | A | 22,214 | A | Feb 17, 2016 | Feb 17, 2022 | Common Stock | 22,214 | 22,214 | D |
| Stock Option (Right to Buy) | $8.35 | holding | — | — | — | Oct 6, 2017 | Oct 6, 2021 | Common Stock | 4,651 | 4,651 | D |
Explanation of responses
- F1Includes 32,892 restricted stock units, of which 18,236 vest three years from the date of grant and 14,656 vest upon achievement of performance measurements three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2Stock Options become exercisable in equal annual installments of 33.33% starting on February 17, 2016.