Benito Minicucci - Feb 13, 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Feb 13, 2025
Transactions value $
-$609,844
Form type
4
Date filed
2/18/2025, 05:34 PM
Previous filing
Feb 11, 2025
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 +22.7K +16.09% $0.00 164K Feb 13, 2025 Direct F1
transaction ALK COMMON STOCK Tax liability -$610K -8.41K -5.13% $72.54 156K Feb 13, 2025 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 -22.7K -33.33% $0.00 45.4K Feb 13, 2025 COMMON STOCK 22.7K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (RSUs) convert to common stock on a one-for-one basis.
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 restricted stock units vesting were from a grant of 68,160 shares that vested or will vest in three equal installments as follows: 22,720 shares on February 13, 2025; 22,720 shares on February 13, 2026; and 22,720 shares on February 13, 2027.