Filing Details

Accession Number:
0001179110-21-004424
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-14 16:34:26
Reporting Period:
2021-04-12
Accepted Time:
2021-04-14 16:34:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1158463 Jetblue Airways Corp JBLU Air Transportation, Scheduled (4512) 870617894
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1814399 M Scott Laurence C/O Jetblue Airways Corporation
27-01 Queens Plaza North
Long Island City NY 11101
Head Of Revenue & Planning No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-04-12 1,633 $0.00 1,633 No 4 A Direct
Common Stock Disposition 2021-04-12 555 $20.50 1,078 No 4 F Direct
Common Stock Disposition 2021-04-13 1,078 $20.30 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Footnotes
  1. Represents shares of JetBlue Airways Corporation (the Company) common stock earned by, and issued to, the Reporting Person upon vesting of Performance Share Units (2018 PSUs) granted on April 12, 2018, based on a relative Return on Invested Capital (ROIC) growth goal and a relative pre-tax margin growth goal, weighted 1/2 for relative ROIC growth and 1/2 for relative pre-tax margin growth, for the performance period from January 1, 2018 through December 31, 2020. Following the conclusion of the three year performance period, the Compensation Committee certified to the performance of the Company relative to these goals for the 2018 PSUs at 63.9%.
  2. Represents shares withheld by the Company for taxes, as permitted by the JetBlue Airways Corporation 2011 Incentive Compensation Plan and related award agreement, to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting and settlement of the 2018 PSUs. There was no open market sale of shares by the Reporting Person.
  3. Closing market price per share of the Company common stock on the settlement date.
  4. These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities and Exchange Act of 1934, as amended.