SEC Form 4 · accession 0001179110-17-014390
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry C Atkin
Director
Period of report
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 6:28 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,F2 | Nov 16, 2017 | S | 55,000 | $48.10 | D | 697,941 | D | |
| Common StockF1 | Nov 16, 2017 | S | 55,000 | $48.10 | D | 413,255 | I | By Spouse |
| Common StockF3 | holding | — | — | — | 20,000 | I | By Trust | |
| Common Stock | holding | — | — | — | 3 | I | 401k Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person contributed SkyWest Inc. common stock to an exchange fund in exchange for shares of the exchange fund. The SkyWest Inc. common stock was valued at $48.10 per share for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.
- F2Includes 31,887 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.
- F3Reflects shares held in the Doyle C. Atkin Irrevocable Trust, of which the reporting person is a trustee.