SEC Form 4 · accession 0001179110-17-002363
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Woodward
Officer — Chief Accounting Officer
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:26 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,F4 | Feb 10, 2017 | M | 6,375 | $13.06 | A | 33,142 | D | |
| Common StockF1 | Feb 10, 2017 | M | 6,536 | $13.24 | A | 39,678 | D | |
| Common StockF1 | Feb 10, 2017 | M | 2,909 | $13.51 | A | 42,587 | D | |
| Common StockF1 | Feb 10, 2017 | M | 2,880 | $14.78 | A | 45,467 | D | |
| Common StockF1 | Feb 10, 2017 | F | 3,955 | $36.25 | D | 41,512 | D | |
| Common StockF1 | Feb 10, 2017 | F | 3,932 | $36.25 | D | 37,580 | D | |
| Common StockF1 | Feb 10, 2017 | F | 1,767 | $36.25 | D | 35,813 | D | |
| Common StockF1 | Feb 10, 2017 | F | 1,813 | $36.25 | D | 34,000 | 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) | $13.06 | Feb 10, 2017 | M | 6,375 | D | Feb 15, 2015 | Feb 15, 2019 | Common Stock | 6,375 | 0 | D |
| Stock Option (Right to Buy) | $13.24 | Feb 10, 2017 | M | 6,536 | D | Feb 13, 2016 | Feb 13, 2020 | Common Stock | 6,536 | 0 | D |
| Stock Option (Right to Buy)F2 | $13.51 | Feb 10, 2017 | M | 2,909 | D | Feb 17, 2016 | Feb 17, 2022 | Common Stock | 8,816 | 5,907 | D |
| Stock Option (Right to Buy)F3 | $14.78 | Feb 10, 2017 | M | 2,880 | D | Feb 10, 2017 | Feb 10, 2023 | Common stock | 8,729 | 5,849 | D |
Explanation of responses
- F1Includes 17,118 restricted stock units which vest 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 February 10, 2017.
- F4Excludes 11,575 performance shares that were erroneously included in the amount of securities reported in prior filings.