JETBLUE AIRWAYS CORP 4
4 · JETBLUE AIRWAYS CORP · Filed Apr 16, 2004
Insider Transaction Report
Form 4
NELSON HOLLY
Vice President and Controller
Transactions
- Sale
Common Stock
2004-04-14$25.00/sh−1,500$37,500→ 10,333 total - Exercise/Conversion
Common Stock
2004-04-14$1.58/sh+1,500$2,370→ 11,833 total - Exercise/Conversion
Stock Option (Right to Purchase)
2004-04-14−1,500→ 49,125 totalExercise: $1.58From: 2002-02-26Exp: 2011-02-28→ Common Stock (1,500 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 802 shares held indirectly by the Erin Lou Nelson Children's Trust and 802 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 and Exchange Act of 1934, as amended.
- [F4]The initial option grant of 67,500 vests in five 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.