SEC Form 4 · accession 0000092380-15-000112
SOUTHWEST AIRLINES CO · LUV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Van de Ven
Officer — EVP & Chief Operating Officer
Period of report
Aug 26, 2015
Accepted (ET)
Aug 27, 2015 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000092380
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 26, 2015 | M | 593 | $16.18 | A | 176,360 | D | |
| Common Stock | Aug 26, 2015 | F | 261 | $36.755 | D | 176,099 | D | |
| Common StockF1 | holding | — | — | — | 682 | I | By ProfitSharing Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $16.18 | Aug 26, 2015 | M | 593 | D | — | Nov 17, 2015 | Common Stock | 593 | 0 | D |
Explanation of responses
- F1Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.
- F2The options exercised were 100% vested at the time of exercise.