4//SEC Filing
KELLY GARY C 4
Accession 0000092380-24-000124
CIK 0000092380other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 4:16 PM ET
Size
10.6 KB
Accession
0000092380-24-000124
Insider Transaction Report
Form 4
KELLY GARY C
DirectorCOB, Pres., & CEO
Transactions
- Gift
Common Stock
2024-09-30+84,212→ 404,794 total(indirect: By Trust) - Purchase
Common Stock
2024-09-30$29.52/sh+33,921$1,001,348→ 146,410 total - Gift
Common Stock
2024-09-30−84,212→ 74,520 total(indirect: By Partnership)
Holdings
- 368,106(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]On September 30, 2024, as part of his estate planning, the reporting person made a gift of the reporting person's limited partnership interest in a family limited partnership (the "Family Limited Partnership") to a trust for the reporting person's spouse and her descendants (the "Spousal Trust"). The reporting person's spouse is trustee of the Spousal Trust.
- [F2]After the transaction, the sole general partner of the Family Limited Partnership continues to be a limited liability company (the "Family Limited Liability Company") that is wholly owned by the reporting person and his spouse and the sole limited partners of the Family Limited Partnership are (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) the Spousal Trust, and (c) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").
- [F3]Includes (a) 70,293 shares indirectly held through the total Spousal LP Interest in the Family Limited Partnership, and (b) 4,227 shares indirectly held through the Family Limited Liability Company's general partnership interest in the Family Limited Partnership.
- [F4]Includes shares indirectly held through the Spousal Trust, including (a) 199,794 shares held as a result of the Spousal Trust's limited partnership interest in the Family Limited Partnership and (b) 205,000 other shares held by the Spousal Trust.
- [F5]Includes shares indirectly held through the Reporting Person Trust, including (a) 148,348 shares held as a result of the Reporting Person Trust's limited partnership interest in the Family Limited Partnership and (b) 219,758 shares held by the Reporting Person Trust.
Documents
Issuer
SOUTHWEST AIRLINES CO
CIK 0000092380
Entity typeother
Related Parties
1- filerCIK 0001027716
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 4:16 PM ET
- Size
- 10.6 KB