Andrew R. Harrison - Jan 28, 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AND CCO
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Jan 28, 2025
Transactions value $
-$714,539
Form type
4
Date filed
1/30/2025, 06:14 PM
Previous filing
Dec 12, 2024
Next 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 $1.47M +22.8K +110.23% $64.55 43.4K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $488K +8.82K +20.32% $55.36 52.2K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $206K +3.15K +6.02% $65.37 55.3K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $360K +5.48K +9.91% $65.63 60.8K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $1.18M +17.7K +29.03% $66.89 78.5K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $1.35M +20.3K +25.84% $66.57 98.8K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $759K +13.6K +13.78% $55.74 112K Jan 28, 2025 Direct
transaction ALK COMMON STOCK Sale -$6.53M -91.7K -81.64% $71.14 20.6K Jan 28, 2025 Direct F1

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 EMPLOYEE STOCK OPTION (RT TO BUY) Options Exercise $0 -22.8K -100% $0.00 0 Jan 28, 2025 COMMON STOCK 22.8K $64.55 Direct F2
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -8.82K -50% $0.00 8.82K Jan 28, 2025 COMMON STOCK 8.82K $55.36 Direct F3
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -3.15K -100% $0.00 0 Jan 28, 2025 COMMON STOCK 3.15K $65.37 Direct F4
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -5.48K -100% $0.00 0 Jan 28, 2025 COMMON STOCK 5.48K $65.63 Direct F5
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -17.7K -100% $0.00 0 Jan 28, 2025 COMMON STOCK 17.7K $66.89 Direct F6
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -20.3K -100% $0.00 0 Jan 28, 2025 COMMON STOCK 20.3K $66.57 Direct F7
transaction ALK EMPLOYEE STOCK OPTION (RT TO BUY) Options Exercise $0 -13.6K -75% $0.00 4.54K Jan 28, 2025 COMMON STOCK 13.6K $55.74 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $70.7800 to $71.4900, inclusive. The reporting person undertakes to provide to Alaska Air Group, Inc., any security holder of Alaska Air Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Options vest in 25% increments over four years (2/11/2021, 2/11/2022, 2/11/2023 and 2/11/2024).
F3 Options vest in 25% increments over four years (2/7/2023, 2/7/2024, 2/7/2025 AND 2/7/2026).
F4 Options vest in 25% increments over four years (2/10/216, 2/10/2017, 2/10/2018 and 2/10/2019).
F5 Options vest in 25% increments over four years (2/9/2017, 2/9/2018, 2/9/2019 and 2/9/2020).
F6 Options vest in 25% increments over four years (2/13/2019, 2/13/2020, 2/13/2021 and 2/13/2022).
F7 Options vest in 25% increments over four years (2/14/2020, 2/14/2021, 2/14/2022 and 2/14/2023).
F8 Options vest in 25% increments over four years (2/9/2022, 2/9/2023, 2/9/2024 and 2/9/2025).