SEC Form 4 · accession 0001179110-17-004030
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael B Thompson
Officer — Chief Operating Officer of Sub
Period of report
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 5:20 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 | Mar 2, 2017 | M | 5,360 | $14.78 | A | 41,338 | D | |
| Common StockF1 | Mar 2, 2017 | M | 5,051 | $12.10 | A | 46,389 | D | |
| Common StockF1 | Mar 2, 2017 | M | 5,739 | $13.51 | A | 52,128 | D | |
| Common StockF1 | Mar 2, 2017 | F | 3,239 | $35.65 | D | 48,889 | D | |
| Common StockF1 | Mar 2, 2017 | F | 2,795 | $35.65 | D | 46,094 | D | |
| Common StockF1 | Mar 2, 2017 | F | 3,328 | $35.65 | D | 42,766 | D | |
| Common StockF3 | holding | — | — | — | 3,057 | I | 401K Plan |
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)F2 | $13.51 | Mar 2, 2017 | M | 5,739 | D | Feb 17, 2017 | Feb 17, 2022 | Common Stock | 5,739 | 5,913 | D |
| Stock Option (Right to Buy) | $12.10 | Mar 2, 2017 | M | 5,051 | D | Feb 18, 2017 | Feb 18, 2021 | Common Stock | 0 | 0 | D |
| Stock Option (Right to Buy)F4 | $14.78 | Mar 2, 2017 | M | 5,360 | D | Feb 10, 2017 | Feb 10, 2023 | Common Stock | 5,360 | 10,884 | D |
Explanation of responses
- F1Includes 26,707 restricted stock units which vest three years from the date of the grant. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2Stock Options become exercisable in equal annual installments starting on February 17, 2017.
- F3Shares held under the company 401k plan.
- F4Stock Options become exercisable in equal annual installments of 33.33% starting February 10, 2017.