Carol Ann Clements - 22 Feb 2024 Form 4 Insider Report for JETBLUE AIRWAYS CORP (JBLU)

Role
Chief Digital & Tech Officer
Signature
/s/ Dora Habachy, by POA from Carol Ann Clements
Issuer symbol
JBLU
Transactions as of
22 Feb 2024
Net transactions value
-$34,459
Form type
4
Filing time
26 Feb 2024, 17:21:35 UTC
Previous filing
26 Jun 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 +13,072 +66% 32,821 23 Feb 2024 Direct F1
transaction JBLU Common Stock Tax liability $34,459 -5,269 -16% $6.54 27,552 23 Feb 2024 Direct F4

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 +94,262 94,262 22 Feb 2024 Common Stock 94,262 Direct F1, F2
transaction JBLU Restricted Stock Units Options Exercise -13,072 -50% 13,072 23 Feb 2024 Common Stock 13,072 Direct F1, F3
* 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 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.