SEC Form 4 · accession 0001179110-18-010461
SKYWEST INC · SKYW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael B Thompson
Officer — Chief Operating Officer of Sub
Period of report
Aug 7, 2018
Accepted (ET)
Aug 9, 2018 · 5:08 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 Stock | Aug 7, 2018 | S | 3,057 | $59.2495 | D | 0 | I | 401k Plan |
| Common StockF1 | Aug 8, 2018 | M | 5,913 | $13.51 | A | 54,921 | D | |
| Common StockF1 | Aug 8, 2018 | M | 5,361 | $14.78 | A | 60,282 | D | |
| Common StockF2,F1 | Aug 8, 2018 | S | 20,274 | $60.8831 | D | 40,008 | 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 | 5,913 | D | Feb 17, 2018 | Feb 17, 2022 | Common Stock | 5,913 | 0 | D |
| Stock Option (Right to Buy)F3 | $14.78 | Aug 8, 2018 | M | 5,361 | D | Feb 10, 2017 | Feb 10, 2023 | Common Stock | 5,361 | 5,523 | D |
Explanation of responses
- F1Includes 20,238 restricted stock units which vest three years from the date of the 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 $60.50 and $61.50. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
- F3Stock Options become exercisable in equal annual installments of 33.33% starting February 10, 2017.