SEC Form 4 · accession 0001179110-18-010460
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Woodward
Officer — Chief Accounting Officer
Period of report
Aug 8, 2018
Accepted (ET)
Aug 9, 2018 · 5:07 pm EDT
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 | Aug 8, 2018 | M | 2,998 | $13.51 | A | 25,857 | D | |
| Common StockF1 | Aug 8, 2018 | M | 2,881 | $14.78 | A | 28,738 | D | |
| Common StockF2,F1 | Aug 8, 2018 | S | 5,879 | $61.1755 | D | 22,859 | 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) | $13.51 | Aug 8, 2018 | M | 2,998 | D | Feb 17, 2018 | Feb 17, 2022 | Common Stock | 2,998 | 0 | D |
| Stock Option (Right to Buy)F3 | $14.78 | Aug 8, 2018 | M | 2,881 | D | Feb 10, 2017 | Feb 10, 2023 | Common Stock | 2,881 | 2,968 | D |
Explanation of responses
- F1Includes 10,141 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 from $60.60 to $61.55 per share. 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 10, 2017.