SEC Form 4 · accession 0001179110-17-014581
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell A Childs
Officer — President & CEO · Director
Period of report
Nov 21, 2017
Accepted (ET)
Nov 22, 2017 · 5:27 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 | Nov 21, 2017 | M | 22,979 | $13.06 | A | 115,775 | D | |
| Common StockF2,F1 | Nov 21, 2017 | S | 18,554 | $51.3274 | D | 97,221 | 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)F3 | $13.06 | Nov 21, 2017 | M | 22,979 | A | — | Feb 15, 2019 | Common Stock | 22,979 | 0 | D |
Explanation of responses
- F1Includes 51,490 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.
- F2Represents the weighted average sale price per share for the entire number of shares sold. The actual sale prices per share range from $51.15 to $51.55. Detailed information on the exact number of shares sold at each price can be obtained from the issuer upon request.
- F3Fully Exercisable