SEC Form 4 · accession 0001179110-16-026178

SKYWEST INC · SKYW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer - Sub

Period of report

Jun 7, 2016

Accepted (ET)

Jun 7, 2016 · 7:20 pm EDT

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
Common Stock^F1	Jun 7, 2016	M	8,683	$15.51	A	53,985	D
Common Stock^F1	Jun 7, 2016	M	2,322	$15.51	A	56,307	D
Common Stock^F1	Jun 7, 2016	S	5,502	$25.00	D	50,805	D
Common Stock^F1	Jun 7, 2016	S	808	$25.04	D	49,997	D
Common Stock^F1	Jun 7, 2016	S	3,252	$25.00	D	46,745	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)	$15.51	Jun 7, 2016	M	8,683	D	Feb 2, 2014	Feb 2, 2018	Common Stock	8,683	0	D
Stock Option (right to buy)^F2	$13.51	Jun 7, 2016	M	2,322	D	Feb 17, 2016	Feb 17, 2022	Common Stock	7,037	4,715	D
Stock Option (right to buy)	$12.10	holding	—	—	—	Feb 18, 2017	Feb 18, 2021	Common Stock	5,515	5,515	D
Stock Options (Right to Buy)^F4	$14.78	holding	—	—	—	Feb 10, 2017	Feb 10, 2023	Common Stock	17,721	17,721	D
Stock Option (Right to Buy)^F3	$17.25	holding	—	—	—	Sep 8, 2016	Sep 8, 2022	Common Stock	3,381	3,381	D

F1Includes 41,373 restricted stock units, of which 22,809 vest three years from the date of grant and 18,564 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.
F3Stock Options become exercisable in equal annual installments of 33.33% starting on September 8, 2016.
F4Stock Options become exercisable in equal annual installments of 33.33% starting on February 10, 2017.