JETBLUE AIRWAYS CORP 4
4 · JETBLUE AIRWAYS CORP · Filed Nov 14, 2003
Insider Transaction Report
Form 4
NELSON HOLLY
Vice President and Controller
Transactions
- Exercise/Conversion
Common Stock
2003-11-12$2.37/sh+750$1,778→ 3,639 total - Sale
Common Stock
2003-11-12$53.01/sh−150$7,952→ 2,889 total - Sale
Common Stock
2003-11-12$53.03/sh−600$31,818→ 3,039 total - Exercise/Conversion
Stock Option (Right to Purchase)
2003-11-12−750→ 39,250 totalExercise: $2.37From: 2002-02-26Exp: 2011-02-28→ Common Stock (750 underlying)
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 and 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.