4//SEC Filing
MINICUCCI BENITO 4
Accession 0001451455-25-000004
CIK 0000766421other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 8:33 PM ET
Size
14.8 KB
Accession
0001451455-25-000004
Insider Transaction Report
Form 4
MINICUCCI BENITO
EXEC VP/OPS AND COO
Transactions
- Exercise/Conversion
COMMON STOCK
2025-02-07+15,110→ 126,298 total - Award
COMMON STOCK
2025-02-11+33,846→ 154,553 total - Award
RESTRICTED STOCK UNITS
2025-02-11+46,460→ 46,460 totalExercise: $0.00→ COMMON STOCK (46,460 underlying) - Exercise/Conversion
RESTRICTED STOCK UNITS
2025-02-07−15,110→ 0 totalExercise: $0.00From: 2025-02-07Exp: 2032-02-07→ COMMON STOCK (15,110 underlying) - Tax Payment
COMMON STOCK
2025-02-07$75.92/sh−5,591$424,469→ 120,707 total - Tax Payment
COMMON STOCK
2025-02-11$72.85/sh−13,319$970,289→ 141,234 total
Footnotes (7)
- [F1]Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis.
- [F2]The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.
- [F3]The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2024, in accordance with the terms of a PSU award granted under the Issuer's 2016 Performance Incentive Plan and per approval by the Board's Compensation Committee on February 11, 2025.
- [F4]REFLECTS AN ADDITIONAL 2,440 RESTRICTED STOCK UNITS REFERRED TO IN FOOTNOTE 1 ON THE FORM 4 FILED ON 02/16/2017 WHICH WERE INADVERTENTLY EXCLUDED FROM COLUMN 5 IN SUCH FORM 4 AND IN SUBSEQUENT REPORTS. ALSO REFLECTS AN ADDITIONAL 16 SHARES OF COMMON STOCK THAT ARE BENEFICIALLY OWNED BY THE REPORTING PERSON WHICH WERE NOT ATTRIBUTED DUE TO A CALCULATION ERROR RELATED TO A STOCK SPLIT THAT OCCURRED IN JULY 2014.
- [F5]The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of PSUs and settled with shares by the reporting person.
- [F6]RESTRICTED STOCK UNITS CLIFF VEST 3 YEARS FROM GRANT AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS.
- [F7]The RSU vest in annual 1/3 increments over three years (2/11/2026, 2/11/2027 and 2/11/2028).
Documents
Issuer
ALASKA AIR GROUP, INC.
CIK 0000766421
Entity typeother
Related Parties
1- filerCIK 0001451455
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 8:33 PM ET
- Size
- 14.8 KB