Kyle B. Levine - Feb 13, 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
SVP LEGAL & GEN COUNSEL
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Feb 13, 2025
Transactions value $
-$168,656
Form type
4
Date filed
2/18/2025, 05:24 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 +5.91K +25.48% $0.00 29.1K Feb 13, 2025 Direct F1
transaction ALK COMMON STOCK Tax liability -$169K -2.33K -7.99% $72.54 26.8K 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 -5.91K -33.33% $0.00 11.8K Feb 13, 2025 COMMON STOCK 5.91K $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 RSUs vesting were from grants of 17,720 shares that vested or will vest in three annual installments as follows: 5,906 shares on February 13, 2025; 5,907 shares on February 13, 2026; and 5,907 shares on February 13, 2027.