Form 4 for JBLU JETBLUE AIRWAYS CORP
Accepted 2024-04-15 00:00:00 ET · period of report 2024-04-11 · accession 0000947871-24-000399 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-15 | 2024-04-11+ | JBLU | Christie Warren | COO | F - Tax | $6.84 | -4,814 | 76.4K | -6% | -$32.9K |
| D | 2024-04-15 | 2024-04-12 | JBLU | Christie Warren | COO | A - Grant | $0.00 | +3,243 | 79.6K | +4% | $0 |
| D | 2024-04-15 | 2024-04-11 | JBLU | Christie Warren | COO | M - OptEx | — | +18.3K | 80.4K | +29% | — |
| D | 2024-04-15 | 2024-04-11 | JBLU | Christie Warren | COO | M - OptEx | — | -18.3K | 36.6K | -33% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-04-12 | F | D | 790 | $6.87 | 78,852 | D | — | — | (F3) These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU and PSU vesting, in accordance with JetBlue policy for all RSU and PSU vesting of RSU and PSU eligible employees in the United States. |
| 2 | Common | Common Stock | 2024-04-12 | A | A | 3,243 | $0.00 | 79,642 | D | — | — | (F4) Represents shares of JetBlue common stock earned by, and issued to, the Reporting Person upon vesting of Performance Share Units (2021 PSUs) granted on April 13, 2021, based on an absolute EBITDA goal (weighted 40%), an adjusted debt to cap ratio goal (weighted 40%) and an ESG performance index goal (weighted 20%), for the performance period from January 1, 2021 through December 31, 2023. Following the conclusion of the three year performance period, the Compensation Committee certified to the performance of JetBlue relative to these goals for the 2021 PSUs at 53.2%. |
| 3 | Common | Common Stock | 2024-04-11 | M | A | 18,290 | — | 80,423 | D | — | — | (F1) Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit. |
| 4 | Common | Common Stock | 2024-04-11 | F | D | 4,024 | $6.83 | 76,399 | D | — | — | (F3) These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU and PSU vesting, in accordance with JetBlue policy for all RSU and PSU vesting of RSU and PSU eligible employees in the United States. |
| 5 | Derivative | Restricted Stock Units | 2024-04-11 | M | D | 18,290 | — | 36,582 | D | — · — to — | 18,290 Common Stock | (F1) Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit. (F2) The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of April 11, 2023. |