TACKETT SHANE R 4

Accession 0001544028-25-000002

CIK 0000766421other

View on SEC.gov Company Profile

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 8:09 PM ET

Size

31.1 KB

Accession

0001544028-25-000002

Insider Transaction Report

Form 4

Period: 2025-02-07

ALASKA AIR GROUP, INC.ALK

TACKETT SHANE R

VP/LABOR RELATIONS

Transactions

Exercise/Conversion
COMMON STOCK
2025-02-10$55.36/sh+13,222$731,970→ 45,095 total
Exercise/Conversion
COMMON STOCK
2025-02-10$65.37/sh+925$60,467→ 54,766 total
Exercise/Conversion
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2025-02-10−925→ 0 total
Exercise: $65.37Exp: 2025-02-10→ COMMON STOCK (925 underlying)
Exercise/Conversion
COMMON STOCK
2025-02-10$65.63/sh+276$18,114→ 53,841 total
Tax Payment
COMMON STOCK
2025-02-11$72.85/sh−6,559$477,823→ 41,980 total
Exercise/Conversion
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2025-02-10−276→ 0 total
Exercise: $65.63Exp: 2026-02-09→ COMMON STOCK (276 underlying)
Exercise/Conversion
COMMON STOCK
2025-02-07+7,440→ 34,802 total
Tax Payment
COMMON STOCK
2025-02-07$75.92/sh−2,929$222,370→ 31,873 total
Exercise/Conversion
COMMON STOCK
2025-02-10$39.18/sh+8,470$331,855→ 53,565 total
Exercise/Conversion
RESTRICTED STOCK UNITS
2025-02-07−7,440→ 0 total
Exercise: $0.00From: 2025-02-07Exp: 2025-02-07→ COMMON STOCK (7,440 underlying)
Exercise/Conversion
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2025-02-10−13,222→ 4,408 total
Exercise: $55.36Exp: 2032-02-07→ COMMON STOCK (13,222 underlying)
Exercise/Conversion
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2025-02-10−8,470→ 0 total
Exercise: $39.18Exp: 2030-11-05→ COMMON STOCK (8,470 underlying)
Award
COMMON STOCK
2025-02-11+16,666→ 48,539 total
Sale
COMMON STOCK
2025-02-10$75.74/sh−22,893$1,733,971→ 31,873 total
Award
RESTRICTED STOCK UNITS
2025-02-11+19,330→ 19,330 total
Exercise: $0.00→ COMMON STOCK (19,330 underlying)

Holdings

COMMON STOCK
(indirect: By Trust)
2,806

Footnotes (11)

[F1]Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis.
[F10]The options exercised were from a grant of 1,850 shares that vested in 25% increments over four years (2/10/2016, 2/10/2017, 2/10/2018 and 2/10/2019).
[F11]The RSUs vest in 1/3 increments over three years (2/11/2026, 2/11/2027, and 2/11/2028).
[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 price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $75.7000 to $75.8250, inclusive. The reporting person undertakes to provide to Alaska Air Group, Inc., any security holder of Alaska Air Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
[F4]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.
[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]Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2024.
[F7]The options exercised were from a grant of 17,630 options that vested or will vest in 25% increments over four years (2/7/2023, 2/7/2024, 2/7/2025 and 2/7/2026).
[F8]The options vested in equal installments on the first three anniversaries of the grant date (11/15/2021, 11/5/20222 and 11/5/2023).
[F9]The options exercised were from a grant of 1,750 shares that vested in 25% increments over four years (2/9/2017, 2/9/2018, 2/9/2019 and 2/9/2020).

Documents

1 file

4
wk-form4_1739322567.xmlPrimary
FORM 4

Issuer

ALASKA AIR GROUP, INC.

CIK 0000766421

→

Entity typeother

Related Parties

filerCIK 0001544028

Filing Metadata

Form type: 4
Filed: Feb 10, 7:00 PM ET
Accepted: Feb 11, 8:09 PM ET
Size: 31.1 KB

View on SEC.gov