Form 4 for ALK ALASKA AIR GROUP, INC.
Accepted 2023-05-04 00:00:00 ET · period of report 2023-05-02 · accession 0001663200-23-000005 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-04 | 2023-05-02 | ALK | LEVINE KYLE B | SVP LEGAL, GEN COUNSEL | A - Grant | $0.00 | +423 | 12.2K | +4% | $0 |
| DM | 2023-05-04 | 2023-05-02 | ALK | LEVINE KYLE B | SVP LEGAL, GEN COUNSEL | F - Tax | $43.37 | -606 | 12.1K | -5% | -$26.3K |
| D | 2023-05-04 | 2023-05-02 | ALK | LEVINE KYLE B | SVP LEGAL, GEN COUNSEL | M - OptEx | $0.00 | +2,060 | 14.2K | +17% | $0 |
| DM | 2023-05-04 | 2023-05-02+ | ALK | LEVINE KYLE B | SVP LEGAL, GEN COUNSEL | A - Grant | $0.00 | +21.9K | 485 | New | $0 |
| D | 2023-05-04 | 2023-05-02 | ALK | LEVINE KYLE B | SVP LEGAL, GEN COUNSEL | M - OptEx | $0.00 | -2,060 | 0 | -100% | $0 |
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 | 2023-05-02 | A | A | 423 | $0.00 | 12,244 | D | — | — | (F1) The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2022, in accordance with the terms of a PSU award agreement granted under the Issuer's 2016 Performance Incentive Plan and per approval by the Board's Compensation Committee. |
| 2 | Common | COMMON STOCK | 2023-05-02 | F | D | 502 | $43.37 | 13,755 | D | — | — | (F4) 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. (F5) Includes 57 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on April 30, 2023, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). |
| 3 | Common | COMMON STOCK | 2023-05-02 | M | A | 2,060 | $0.00 | 14,200 | D | — | — | (F3) Each restricted stock unit represents a contingent right to receive one share of ALK common stock. |
| 4 | Common | COMMON STOCK | 2023-05-02 | F | D | 104 | $43.37 | 12,140 | D | — | — | (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 PSUs and settled with shares by the reporting person. |
| 5 | Derivative | RESTRICTED STOCK UNITS | 2023-05-02 | A | A | 2,900 | $0.00 | 2,900 | D | $0.00 · 2024-02-09 to 2024-02-09 | 2,900 COMMON STOCK | (F3) Each restricted stock unit represents a contingent right to receive one share of ALK common stock. |
| 6 | Derivative | RESTRICTED STOCK UNITS | 2023-05-02 | A | A | 2,060 | $0.00 | 2,060 | D | $0.00 · 2023-05-02 to 2023-05-02 | 2,060 COMMON STOCK | (F3) Each restricted stock unit represents a contingent right to receive one share of ALK common stock. |
| 7 | Derivative | RESTRICTED STOCK UNITS | 2023-05-02 | M | D | 2,060 | $0.00 | 0 | D | $0.00 · 2023-05-02 to 2023-05-02 | 2,060 COMMON STOCK | (F3) Each restricted stock unit represents a contingent right to receive one share of ALK common stock. |
| 8 | Derivative | RESTRICTED STOCK UNITS | 2023-05-04 | A | A | 7,740 | $0.00 | 7,740 | D | $0.00 · 2026-05-04 to 2026-05-04 | 7,740 COMMON STOCK | (F3) Each restricted stock unit represents a contingent right to receive one share of ALK common stock. |
| 9 | Derivative | RESTRICTED STOCK UNITS | 2023-05-02 | A | A | 3,250 | $0.00 | 3,250 | D | $0.00 · 2025-02-07 to 2025-02-07 | 3,250 COMMON STOCK | (F3) Each restricted stock unit represents a contingent right to receive one share of ALK common stock. |
| 10 | Derivative | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 2023-05-02 | A | A | 5,445 | $0.00 | 5,445 | D | $55.74 · — to 2033-05-02 | 5,445 COMMON STOCK | (F6) The option vests as to 1,815 shares on May 2, 2023; as to 1,815 shares on February 9, 2024, and as to 1,815 shares on February 9, 2025. |
| 11 | Derivative | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 2023-05-02 | A | A | 485 | $0.00 | 485 | D | $55.36 · — to 2033-05-02 | 485 COMMON STOCK | (F7) The option vests as to 363 shares on February 7, 2025, and as to 122 shares on February 7, 2026. |