LAZARUS MICHAEL P 4
4 · JETBLUE AIRWAYS CORP · Filed May 28, 2004
Insider Transaction Report
Form 4
LAZARUS MICHAEL P
Director
Transactions
- Award
Stock Option (Right to Purchase)
2004-05-26+9,000→ 9,000 totalExercise: $28.88From: 2004-05-26Exp: 2014-05-26→ Common Stock (9,000 underlying)
Footnotes (3)
- [F1]The option was granted under the issuer's 2002 Stock Incentive Plan.
- [F2]The option is immediately exercisable for any or all of the shares underlying the option. However, any shares purchased under the option will be subject to repurchase by the Issuer, at the lower of the option price paid per share or the fair market value per share, should the reporting person cease service on the Issuer's board of directors prior to vesting in the shares.
- [F3]The shares subject to the option will vest upon the reporting person's completion of one year of service on the issuer's board of directors.