Filing Details
- Accession Number:
- 0001544028-25-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-11 20:09:34
- Reporting Period:
- 2025-02-07
- Accepted Time:
- 2025-02-11 20:09:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 766421 | Alaska Air Group Inc. | ALK | Air Transportation, Scheduled (4512) | 911292054 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1544028 | R Shane Tackett | Alaska Air Group, Inc. 19300 International Blvd Seattle WA 98188 | Evp And Cfo | 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 | 2025-02-07 | 7,440 | $0.00 | 34,802 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-07 | 2,929 | $75.92 | 31,873 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 13,222 | $55.36 | 45,095 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 8,470 | $39.18 | 53,565 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 276 | $65.63 | 53,841 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 925 | $65.37 | 54,766 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-10 | 22,893 | $75.74 | 31,873 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-11 | 16,666 | $0.00 | 48,539 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2025-02-11 | 6,559 | $72.85 | 41,980 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | RESTRICTED STOCK UNITS | Disposition | 2025-02-07 | 7,440 | $0.00 | 7,440 | $0.00 |
| Common Stock | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | Disposition | 2025-02-10 | 13,222 | $0.00 | 13,222 | $55.36 |
| Common Stock | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | Disposition | 2025-02-10 | 8,470 | $0.00 | 8,470 | $39.18 |
| Common Stock | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | Disposition | 2025-02-10 | 276 | $0.00 | 276 | $65.63 |
| Common Stock | EMPLOYEE STOCK OPTION (RIGHT TO BUY) | Disposition | 2025-02-10 | 925 | $0.00 | 925 | $65.37 |
| Common Stock | RESTRICTED STOCK UNITS | Acquisiton | 2025-02-11 | 19,330 | $0.00 | 19,330 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-02-07 | 2025-02-07 | No | 4 | M | Direct |
| 4,408 | 2032-02-07 | No | 4 | M | Direct | |
| 0 | 2030-11-05 | No | 4 | M | Direct | |
| 0 | 2026-02-09 | No | 4 | M | Direct | |
| 0 | 2025-02-10 | No | 4 | M | Direct | |
| 19,330 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,806 | Indirect | ESOP TRUST |
Footnotes
- Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis.
- 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.
- The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $75.7000 to $75.8250, inclusive. The reporting person undertakes to provide to Alaska Air Group, Inc., any security holder of Alaska Air Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- 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, 2024, in accordance with the terms of a PSU award granted under the Issuer's 2016 Performance Incentive Plan and per approval by the Board's Compensation Committee on February 11, 2025.
- 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.
- Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2024.
- The options exercised were from a grant of 17,630 options that vested or will vest in 25% increments over four years (2/7/2023, 2/7/2024, 2/7/2025 and 2/7/2026).
- The options vested in equal installments on the first three anniversaries of the grant date (11/15/2021, 11/5/20222 and 11/5/2023).
- The options exercised were from a grant of 1,750 shares that vested in 25% increments over four years (2/9/2017, 2/9/2018, 2/9/2019 and 2/9/2020).
- The options exercised were from a grant of 1,850 shares that vested in 25% increments over four years (2/10/2016, 2/10/2017, 2/10/2018 and 2/10/2019).
- The RSUs vest in 1/3 increments over three years (2/11/2026, 2/11/2027, and 2/11/2028).
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