JETBLUE AIRWAYS CORP 4
4 · JETBLUE AIRWAYS CORP · Filed Oct 9, 2003
Insider Transaction Report
Form 4
NELSON HOLLY
Vice President and Controller
Transactions
- Exercise/Conversion
Common Stock
2003-10-08$2.37/sh+750$1,778→ 1,876 total - Exercise/Conversion
Stock Option (Right to Purchase)
2003-10-08−750→ 42,000 totalExercise: $2.37From: 2002-02-26Exp: 2011-02-28→ Common Stock (750 underlying) - Sale
Common Stock
2003-10-08$68.36/sh−750$51,270→ 1,126 total
Footnotes (4)
- [F1]These options were exercised in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
- [F2]Excludes 535 shares held indirectly by the Erin Lou Nelson Children's Trust and 535 shares held indirectly by the Adam Lee Nelson Children's Trust. The reporting person is the trustee of such trusts.
- [F3]These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
- [F4]The initial option grant of 45,000 vests in five successive equal annual installments upon completion of each year of service over the 5-year period measured from the vesting commencement date of February 26, 2001.