BRADLEY D. TILDEN - 14 Feb 2022 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: CHAIRMAN
Signature: /s/JEANNE E. GAMMON, ATTORNEY IN FACT FOR BRADLEY D. TILDEN
Issuer symbol: ALK
Transactions as of: 14 Feb 2022
Net transactions value: -$180,551
Form type: 4
Filing time: 16 Feb 2022, 16:41:39 UTC
Previous filing: 09 Feb 2022
Next filing: 01 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALK	COMMON STOCK	Options Exercise	$0	+11,000	+11%	$0.000000	112,856	14 Feb 2022	Direct
transaction	ALK	COMMON STOCK	Tax liability	$180,551	-3,167	-2.8%	$57.01	109,689	14 Feb 2022	Direct	F1, F2
holding	ALK	COMMON STOCK						15,472	14 Feb 2022	ESOP TRUST	F3

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	ALK	RESTRICTED STOCK UNITS	Options Exercise	$0	-11,000	-100%	$0.000000^*	0	14 Feb 2022	COMMON STOCK	11,000	$0.000000	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 2/14/2022.
F2	PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.
F3	COMMON SHARES HELD IN THE ALASKA AIR GROUP INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN TRUST, AS OF 12/31/2021.