BENITO MINICUCCI - 25 Feb 2024 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
25 Feb 2024
Transactions value $
-$179,916
Form type
4
Filing time
27 Feb 2024, 16:08:18 UTC
Previous filing
16 Feb 2024
Next filing
21 Mar 2024
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 +12,580 +9.6% $0 143,509 25 Feb 2024 Direct F1
transaction ALK COMMON STOCK Tax liability -$179,915 -4,655 -3.2% $38.65 138,854 25 Feb 2024 Direct F2

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 -12,580 -100% $0* 0 25 Feb 2024 COMMON STOCK 12,580 $0 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
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.