SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Cooper Robert Hal

(Last) (First) (Middle)
8909 PURDUE ROAD
SUITE 300

(Street)
INDIANAPOLIS IN 46268

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
REPUBLIC AIRWAYS HOLDINGS INC [ RJET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CFO, Treasurer, Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.001 03/02/2007 M 10,800 A $13 20,208(2) D
Common Stock, par value $.001 03/02/2007 S 10,800(1) D $20 9,408 D
Common Stock,par value $.001 03/02/2007 M 1,200 A $13 10,608(2) D
Common Stock, par value $.001 03/02/2007 S 1,200(1) D $20.01 9,408 D
Common Stock, par value $.001 03/06/2007 M 15,707 A $13 25,115(2) D
Common Stock, par value $.001 03/06/2007 S 15,707(1) D $20 9,408 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase Common Stock, par value $.001 $13 03/02/2007 M 12,000 (3) 12/27/2014 Common Stock, par value $.001 12,000 (4) 213,728 D
Option to purchase Common Stock, par value $.001 $13 03/06/2007 M 15,707 (3) 12/27/2014 Common Stock, par value $.001 15,707 (4) 198,021 D
Explanation of Responses:
1. These shares were sold pursuant to a written plan as specified in Rule 10b5-1(c) of the Securities Exchange Act of 1934. On December 27, 2004, the Company granted Mr. Cooper an option to purchase 135,960 shares of common stock, which became vested and exercisable in equal monthly installments over an eight month period from December 31, 2004 to July 31, 2005. This option became fully vested and exercisable on July 31, 2005. In addition, on December 27, 2004, the Company granted Mr. Cooper an option to purchase 120,000 shares of common stock, which vests and is exercisable in equal monthly installments over a two year period from August 31, 2005 to July 31, 2007. This option shall become fully vested and exercisable on July 31, 2007.
2. 9,408 of these shares vest in equal monthly installments over 12 months beginning July 31, 2007.
3. Of the 135,960 shares, they vested and became exercisable in equal monthly installments over an eight month period beginning on December 31, 2004 and ending on July 31, 2005. Of the 120,000 shares, they shall vest and become exercisable in equal monthly installments over a two year period beginning on August 31, 2005 and ending on July 31, 2007.
4. Not applicable.
/s/ Robert H. Cooper 03/06/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.