Brandon Nelson - 22 Feb 2024 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
General Counsel Corp Sec
Signature
/s/ Dora Habachy, by POA from Brandon Nelson
Issuer symbol
JBLU
Transactions as of
22 Feb 2024
Transactions value $
-$18,724
Form type
4
Filing time
26 Feb 2024, 17:18:38 UTC
Previous filing
01 May 2023
Next filing
15 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBLU Common Stock Options Exercise +3,268 +14% 27,255 23 Feb 2024 Direct F1
transaction JBLU Common Stock Tax liability -$8,619 -1,318 -4.8% $6.54 25,937 23 Feb 2024 Direct F5
transaction JBLU Common Stock Options Exercise +3,832 +15% 29,769 23 Feb 2024 Direct F1
transaction JBLU Common Stock Tax liability -$10,104 -1,545 -5.2% $6.54 28,224 23 Feb 2024 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JBLU Restricted Stock Units Award +122,540 122,540 22 Feb 2024 Common Stock 122,540 Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -3,268 -50% 3,268 23 Feb 2024 Common Stock 3,268 Direct F1, F3
transaction JBLU Restricted Stock units Options Exercise -3,832 -100% 0 23 Feb 2024 Common Stock 4,223 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
F2 Represents restricted stock units granted on February 22, 2024, which vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date.
F3 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 23, 2022.
F4 The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 25, 2021.
F5 These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States.