Constance E. Von Muehlen - Feb 18, 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 18, 2025
Transactions value $
-$993,269
Form type
4
Date filed
2/19/2025, 04:58 PM
Previous filing
Feb 18, 2025
Next filing
Feb 24, 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 $99.5K +2.54K +8.66% $39.18 31.9K Feb 18, 2025 Direct
transaction ALK COMMON STOCK Options Exercise $572K +10.3K +32.41% $55.36 42.2K Feb 18, 2025 Direct
transaction ALK COMMON STOCK Sale -$1.66M -22.2K -52.53% $75.12 20K Feb 18, 2025 Direct
holding ALK COMMON STOCK 610 Feb 18, 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 EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -2.54K -100% $0.00 0 Feb 18, 2025 COMMON STOCK 2.54K $39.18 Direct F1
transaction ALK EMPLOYEE STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -10.3K -74.99% $0.00 3.44K Feb 18, 2025 COMMON STOCK 10.3K $55.36 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Options vested in 33% increments over three years (11/5/2021, 11/5/2022, and 11/5/2023).
F2 The Options vested or will vest in 25% increments over four years (2/7/2023, 2/7/2024, 2/7/2025 and 2/7/2026).