SEC Form 4 · accession 0001179110-17-003492
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 18, 2017
Accepted (ET)
Mar 1, 2017 · 4:49 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 18, 2017 | F | 2,603 | $35.70 | D | 23,346 | D | |
| Common StockF1 | Feb 27, 2017 | M | 7,201 | $12.10 | A | 30,547 | D | |
| Common StockF1 | Feb 27, 2017 | M | 6,013 | $12.10 | A | 36,560 | D | |
| Common StockF1 | Feb 27, 2017 | M | 2,909 | $13.51 | A | 39,469 | D | |
| Common StockF1 | Feb 27, 2017 | F | 3,975 | $35.85 | D | 35,494 | D | |
| Common StockF1 | Feb 27, 2017 | F | 3,869 | $35.85 | D | 31,625 | D | |
| Common StockF1 | Feb 27, 2017 | F | 1,949 | $35.85 | D | 29,676 | D | |
| Common StockF1 | Mar 1, 2017 | S | 6,330 | $35.24 | D | 23,346 | 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) | $12.10 | Feb 27, 2017 | M | 7,201 | D | Feb 18, 2017 | Feb 18, 2021 | Common Stock | 7,201 | 0 | D |
| Stock Option (Right to Buy) | $12.10 | Feb 27, 2017 | M | 6,013 | D | Feb 18, 2017 | Feb 18, 2021 | Common Stock | 6,013 | 0 | D |
| Stock Option (Right to Buy)F2 | $13.51 | Feb 27, 2017 | M | 2,909 | D | Feb 17, 2016 | Feb 17, 2020 | Common Stock | 8,816 | 5,907 | 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.