SEC Form 4 · accession 0001179110-17-013680
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wade J Steel
Officer — Chief Commercial Officer
Period of report
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 7:09 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 StockF1 | Oct 31, 2017 | M | 5,429 | $12.10 | A | 38,646 | D | |
| Common StockF1 | Oct 31, 2017 | M | 6,059 | $11.36 | A | 44,705 | D | |
| Common StockF1 | Oct 31, 2017 | M | 6,397 | $13.51 | A | 51,102 | D | |
| Common StockF1 | Oct 31, 2017 | M | 6,822 | $14.78 | A | 57,924 | D | |
| Common StockF1 | Oct 31, 2017 | F | 14,768 | $47.10 | D | 43,156 | D | |
| Common Stock | Oct 31, 2017 | G | 745 | $0.00 | D | 42,411 | D | |
| Common Stock | Nov 2, 2017 | S | 4,500 | $47.00 | D | 37,911 | D | |
| Common StockF2 | holding | — | — | — | 582 | 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 Options (Right to Buy) | $12.10 | Oct 31, 2017 | M | 5,429 | D | Feb 18, 2017 | Feb 18, 2021 | Common Stock | 5,429 | 0 | D |
| Stock Options (Right to Buy) | $11.36 | Oct 31, 2017 | M | 6,059 | D | May 15, 2017 | May 15, 2021 | Common Stock | 6,059 | 0 | D |
| Stock Options (Right to Buy)F3 | $13.51 | Oct 31, 2017 | M | 6,397 | D | Feb 17, 2016 | Feb 17, 2022 | Common Stock | 19,386 | 6,592 | D |
| Stock Options (Right to Buy)F4 | $14.78 | Oct 31, 2017 | M | 6,822 | D | Feb 10, 2017 | Feb 10, 2023 | Common Stock | 20,674 | 13,852 | D |
Explanation of responses
- F1Includes 26,431 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.
- F2Shares held under company 401K plan.
- F3Stock Options become exercisable in equal annual installments of 33.33% starting on February 17, 2016.
- F4Stock Options become exercisable in equal annual installments of 33.33% starting on February 10, 2017.