0001179110-21-004424.txt : 20210414
0001179110-21-004424.hdr.sgml : 20210414
20210414163426
ACCESSION NUMBER: 0001179110-21-004424
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210412
FILED AS OF DATE: 20210414
DATE AS OF CHANGE: 20210414
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Laurence Scott M
CENTRAL INDEX KEY: 0001814399
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-49728
FILM NUMBER: 21826093
MAIL ADDRESS:
STREET 1: C/O JETBLUE AIRWAYS CORPORATION
STREET 2: 27-01 QUEENS PLAZA NORTH
CITY: LONG ISLAND CITY
STATE: NY
ZIP: 11101
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: JETBLUE AIRWAYS CORP
CENTRAL INDEX KEY: 0001158463
STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512]
IRS NUMBER: 870617894
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 27-01 QUEENS PLAZA NORTH
CITY: LONG ISLAND CITY
STATE: NY
ZIP: 11101
BUSINESS PHONE: 7182867900
MAIL ADDRESS:
STREET 1: 27-01 QUEENS PLAZA NORTH
CITY: LONG ISLAND CITY
STATE: NY
ZIP: 11101
4
1
edgar.xml
FORM 4 -
X0306
4
2021-04-12
0
0001158463
JETBLUE AIRWAYS CORP
JBLU
0001814399
Laurence Scott M
C/O JETBLUE AIRWAYS CORPORATION
27-01 QUEENS PLAZA NORTH
LONG ISLAND CITY
NY
11101
0
1
0
0
Head of Revenue & Planning
Common Stock
2021-04-12
4
A
0
1633
0
A
1633
D
Common Stock
2021-04-12
4
F
0
555
20.50
D
1078
D
Common Stock
2021-04-13
4
S
0
1078
20.3
D
0
D
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%.
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.
Closing market price per share of the Company common stock on the settlement date.
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.
/s/ Scott M. Laurence
2021-04-14