SEC Form 4 · accession 0000092380-19-000018
SOUTHWEST AIRLINES CO · LUV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory D Wells
Officer — EVP, Daily Operations
Period of report
Jan 30, 2019
Accepted (ET)
Feb 1, 2019 · 4:36 pm EST
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 StockF1 | Jan 30, 2019 | A | 4,692 | $0.00 | A | 27,131 | D | |
| Common StockF2 | Jan 30, 2019 | A | 15,237 | $0.00 | A | 42,368 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2019, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.
- F2Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2020, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.