SEC Form 4 · accession 0001179110-18-001926
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Simmons
Officer — Chief Financial Officer
Period of report
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 9:39 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 | Feb 7, 2018 | A | 7,994 | $0.00 | A | 72,172 | D | |
| Common StockF3,F5 | Feb 7, 2018 | A | 7,261 | $0.00 | A | 79,433 | D | |
| Common StockF4,F6 | Feb 7, 2018 | A | 5,431 | $0.00 | A | 84,864 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares of common stock issued upon the achievement of the performance measurements relating to performance stock units granted in February 2015 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which shares will vest in full three years from the date of grant.
- F2Includes 70,172 restricted stock units, of which 55,071 vest approximately three years from the date of grant and 15,101 vest upon achievement of performance measurements approximately three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F3Represents the number of shares of common stock issued upon the achievement of the performance measurements relating to performance stock units granted in February 2017 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which shares will vest in full three years from the date of grant.
- F4Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan.
- F5Includes 77,433 restricted stock units, of which 62,332 vest approximately three years from the date of grant and 15,101 vest upon achievement of performance measurements approximately three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F6Includes 82,864 restricted stock units, of which 67,763 vest approximately three years from the date of grant and 15,101 vest upon achievement of performance measurements approximately three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.