SEC Form 4 · accession 0001179110-16-019491
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell A Childs
Officer — President & CEO · Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 5:27 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 16, 2016 | F | 4,917 | $15.26 | D | 140,827 | 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) | $14.49 | holding | — | — | — | Feb 3, 2013 | Feb 3, 2017 | Common Stock | 31,029 | 31,029 | D |
| Stock Option (Right to Buy) | $15.51 | holding | — | — | — | Feb 2, 2014 | Feb 2, 2018 | Common Stock | 9,929 | 9,929 | D |
| Stock Option (Right to Buy) | $13.06 | holding | — | — | — | Feb 15, 2015 | Feb 15, 2019 | Common Stock | 22,979 | 22,979 | D |
| Stock Option (Right to Buy) | $13.24 | holding | — | — | — | Feb 13, 2016 | Feb 13, 2020 | Common Stock | 16,389 | 16,389 | D |
| Stock Option (Right to Buy) | $12.10 | holding | — | — | — | Feb 18, 2017 | Feb 18, 2021 | Common Stock | 18,054 | 18,054 | D |
| Stock Option (Right to Buy) | $11.36 | holding | — | — | — | May 15, 2017 | May 15, 2021 | Common Stock | 4,687 | 4,687 | D |
| Stock Option (Right to Buy)F2 | $13.51 | holding | — | — | — | Feb 17, 2016 | Feb 17, 2022 | Common Stock | 37,023 | 37,023 | D |
| Stock Option (Right to Buy)F3 | $14.78 | holding | — | — | — | Feb 10, 2017 | Feb 10, 2023 | Common Stock | 41,020 | 41,020 | D |
Explanation of responses
- F1Includes 120,484 restricted stock units, of which 69,084 vest three years from the date of grant and 51,490 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 11, 2016.
- F3Stock Options become exercisable in equal annual installments of 33.33% starting on February 10, 2017.