ALASKA AIR GROUP, INC. 4
4 · ALASKA AIR GROUP, INC. · Filed Feb 11, 2016
Insider Transaction Report
Form 4
YOUNG TAMARA S
VP/HUMAN RESOURCES
Transactions
- Award
RESTRICTED STOCK UNIT
2016-02-09+760→ 6,050 total - Award
COMMON STOCK
2016-02-09+3,840→ 11,982 total - Tax Payment
COMMON STOCK
2016-02-09$65.63/sh−1,051$68,977→ 10,931 total - Award
EMPLOYEE STOCK OPTION (RT TO BUY)
2016-02-09+1,810→ 1,810 totalExercise: $65.63From: 2017-02-09Exp: 2026-02-09→ COMMON STOCK (1,810 underlying)
Footnotes (4)
- [F1]OPTIONS VEST IN 25% INCREMENTS OVER FOUR YEARS (02/09/2017, 02/09/2018, 02/09/2019 AND 02/09/2020).
- [F2]STOCK UNITS AWARDED UNDER THE ALASKA AIR GROUP, INC. 2008 PERFORMANCE INCENTIVE PLAN ON 02/09/2016 WILL CLIFF VEST ON 02/09/2019. UNITS ARE SUBJECT TO FORFEITURE.
- [F3]ALK COMMON SHARES ISSUED UPON ATTAINING PERFORMANCE GOALS SET FOR A THREE-YEAR PERIOD ENDING 12/31/2015, IN ACCORDANCE WITH THE TERMS OF PERFORMANCE STOCK UNITS GRANTED ON 02/11/2013 UNDR THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN; PER APPROVAL BY THE BOARD'S COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE ON 02/09/2016.
- [F4]COMMON SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF PERFORMANCE STOCK UNITS ON 02/09/2016. AMOUNT PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF THE SHARES ON THE DATE OF FORFEITURE.