SEC Form 4 · accession 0001179110-16-028679

SKYWEST INC · SKYW

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

Reporting owner

Officer — Chief Commercial Officer

Period of report

Aug 12, 2016

Accepted (ET)

Aug 15, 2016 · 3:22 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	Nature of ownership
Common Stock^F1	Aug 12, 2016	M	4,895	$13.24	A	67,896	D
Common Stock^F1	Aug 12, 2016	M	6,397	$13.51	A	74,293	D
Common Stock^F1	Aug 12, 2016	S	9,292	$28.56	D	65,001	D
Common Stock^F3	holding	—	—		—	582	I	401K

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)	$13.24	Aug 12, 2016	M	4,895	D	Feb 13, 2016	Feb 13, 2020	Common Stock	4,895	0	D
Stock Option (Right to Buy)^F2	$13.51	Aug 12, 2016	M	6,397	D	Feb 17, 2016	Feb 17, 2022	Common Stock	19,386	12,989	D
Stock Option (Right to Buy)	$12.10	holding	—	—	—	Feb 18, 2017	Feb 18, 2021	Common Stock	5,429	5,429	D
Stock Option (Right to Buy)	$11.36	holding	—	—	—	May 15, 2017	May 15, 2021	Common Stock	6,059	6,059	D
Stock Option (Right to Buy)^F2,F4	$14.78	holding	—	—	—	Feb 10, 2017	Feb 10, 2023	Common Shares	20,674	20,674	D

F1Includes 61,705 restricted stock units, of which 35,274 vest three years from the date of grant and 26,431 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.
F3Shares held under the company 401k plan.
F4Stock Options become exercisable in equal annual installments of 33.33% starting on February 10, 2017.