SCHAEFER JOHN F JR 4
4 · ALASKA AIR GROUP INC · Filed Feb 8, 2011
Insider Transaction Report
Form 4
SCHAEFER JOHN F JR
VP/FINANCE AND TREASURER
Transactions
- Award
COMMON STOCK
2011-02-07+1,080→ 10,913 total - Award
EMPLOYEE STOCK OPTION (RT TO BUY)
2011-02-07+2,050→ 2,050 totalExercise: $61.30From: 2012-02-07Exp: 2021-02-07→ COMMON (2,050 underlying) - Tax Payment
COMMON STOCK
2011-02-08$61.94/sh−413$25,581→ 10,500 total - Award
COMMON STOCK
2011-02-07+584→ 3,377 total
Footnotes (4)
- [F1]SHARES ISSUED UPON VESTING OF PERFORMANCE STOCK UNITS GRANTED FEBRUARY 8, 2008 UNDER THE ISSUER'S 2004 LONG-TERM INCENTIVE EQUITY PLAN. VESTING OF THE UNITS WAS DETERMINED BASED ON THE ISSUER'S AVERAGE ADJUSTED PRE-TAX PROFIT MARGIN OVER A THREE-YEAR PERFORMANCE PERIOD.
- [F2]STOCK UNITS AWARDED UNDER THE 2004 LONG-TERM INCENTIVE EQUITY AND 2008 PERFORMANCE INCENTIVE PLANS; SUBJECT TO FORFEITURE.
- [F3]STOCK UNITS GRANTED UNDER THE ALASKA AIR GROUP, INC. 2008 PERFORMANCE INCENTIVE PLAN ON FEBRUARY 7, 2011. UNITS WILL CLIFF VEST ON FEBRUARY 7, 2014; SUBJECT TO FORFEITURE.
- [F4]SHARES WITHHELD BY THE ISSUER TO COVER PAYROLL TAXES DUE UPON VESTING OF UNITS AND AND ISSUANCE OF NET SHARES.