SEC Form 4 · accession 0001179110-18-003885

SKYWEST INC · SKYW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Mar 6, 2018

Accepted (ET)

Mar 8, 2018 · 5:16 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
Common Stock^F1	Mar 6, 2018	M	24,233	$14.12	A	91,704	D
Common Stock^F1	Mar 6, 2018	M	15,106	$14.78	A	106,810	D
Common Stock^F2,F1	Mar 6, 2018	S	39,339	$55.9362	D	67,471	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F3	$14.12	Mar 6, 2018	M	24,233	D	Feb 17, 2016	Apr 2, 2022	Common Stock	24,233	0	D
Stock Option (Right to Buy)^F4	$14.78	Mar 6, 2018	M	15,106	D	Feb 10, 2017	Feb 10, 2023	Common Stock	15,106	7,783	D

F1Includes 42,894 restricted stock units, of which 27,793 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.
F2Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $55.80 to $56.15. Detailed information on the exact number of shares sold at each price can be obtained from the issuer upon request.
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.