Constance E. Von Muehlen - Feb 13, 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AND COO
Signature
/s/ Howard Kuppler, by power of attorney
Stock symbol
ALK
Transactions as of
Feb 13, 2025
Transactions value $
-$237,859
Form type
4
Date filed
2/18/2025, 05:46 PM
Previous filing
Feb 11, 2025
Next filing
Feb 19, 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 +8.86K +37.33% $0.00 32.6K Feb 13, 2025 Direct F1
transaction ALK COMMON STOCK Tax liability -$238K -3.28K -10.06% $72.54 29.3K Feb 13, 2025 Direct F2
holding ALK COMMON STOCK 610 Feb 13, 2025 Held by Spouse

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 -8.86K -33.33% $0.00 17.7K Feb 13, 2025 COMMON STOCK 8.86K $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 26,580 shares that vested or will vest in three equal installments as follows: 8,860 shares on February 13, 2025; 8,860 shares on February 13, 2026; and 8,860 shares on February 13, 2027.