SEC Form 4 · accession 0001179110-17-014942
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry C Atkin
Director
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 4:57 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 | Dec 1, 2017 | M | 19,627 | $13.06 | A | 717,568 | D | |
| Common StockF2,F1 | Dec 1, 2017 | F | 11,185 | $50.544 | D | 706,383 | D | |
| Common Stock | Dec 4, 2017 | G | 725 | $0.00 | D | 705,658 | D | |
| Common Stock | Dec 4, 2017 | G | 725 | $0.00 | D | 412,530 | I | By Spouse |
| Common StockF3 | holding | — | — | — | 20,000 | I | By Trust | |
| Common Stock | holding | — | — | — | 3 | 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) | $13.06 | Dec 1, 2017 | M | 19,627 | D | Feb 15, 2015 | Feb 15, 2019 | Common Stock | 19,627 | 0 | D |
Explanation of responses
- F1Includes 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.
- F2Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $50.15 and $50.95 per share. Detailed information on the exact number of shares sold at each price is available upon request to the issuer.
- F3Reflects shares held in the Doyle C. Atkin Irrevocable Trust, of which the reporting person is a trustee.