4//SEC Filing
HNAT JAMES G 4
Accession 0001179110-18-005519
CIK 0001158463other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 2:10 PM ET
Size
7.1 KB
Accession
0001179110-18-005519
Insider Transaction Report
Form 4
HNAT JAMES G
EVP & General Counsel
Transactions
- Tax Payment
Common Stock
2018-04-06$19.95/sh−3,269$65,217→ 26,242 total - Award
Common Stock
2018-04-06+8,553→ 29,510 total
Footnotes (3)
- [F1]Represents shares of JetBlue Airways Corporation (the Company) common stock earned by, and issued to, the Reporting Person upon vesting of Performance Share Units (2015 PSUs) granted on April 8, 2015, based on an absolute Return on Invested Capital (ROIC) goal and a relative Operating Expenses per Available Seat Mile (CASM) percentage goal, weighted 2/3 for ROIC and 1/3 for relative CASM, for the performance period from January 1, 2015 through December 31, 2017. Following the conclusion of the three year performance period, the Compensation Committee certified to the performance of the Company relative to these goals for the 2015 PSUs at 110%.
- [F2]Represents shares withheld by the Company for taxes, as permitted by the JetBlue Airways Corporation 2011 Incentive Compensation Plan and related award agreement, to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting and settlement of the 2015 PSUs. There was no open market sale of shares by the Reporting Person.
- [F3]Closing market price per share of the Company common stock on the settlement date.
Documents
Issuer
JETBLUE AIRWAYS CORP
CIK 0001158463
Entity typeother
Related Parties
1- filerCIK 0001218866
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 2:10 PM ET
- Size
- 7.1 KB