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 |
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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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ALASKA AIR GROUP, INC. [ ALK ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/10/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 02/10/2017 | M | 1,827 | A | $65.63 | 16,555 | D | |||
COMMON STOCK | 02/10/2017 | M | 180 | A | $38.755 | 16,735 | D | |||
COMMON STOCK | 02/10/2017 | S | 5,007 | D | $98.37 | 11,728 | D | |||
COMMON STOCK | 02/11/2017 | A(3) | 1,760 | A | $0 | 13,488 | D | |||
RESTRICTED STOCK UNIT | 02/11/2017 | J(4) | 1,780 | D | $0 | 7,440 | D | |||
COMMON STOCK | 02/11/2017 | F(5) | 487(6) | D | $97.35 | 13,001 | D | |||
COMMON STOCK | 02/13/2017 | M | 1,396 | A | $24.4 | 14,397 | D | |||
COMMON STOCK | 02/13/2017 | M | 840 | A | $38.755 | 15,237 | D | |||
COMMON STOCK | 02/13/2017 | M | 1,573 | A | $65.37 | 16,810 | D | |||
COMMON STOCK | 02/13/2017 | S | 1,573 | D | $97.5984 | 15,237 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
EMPLOYEE STOCK OPTION (RT TO BUY) | $65.63 | 02/10/2017 | M | 1,827 | 02/09/2017(1) | 02/09/2026 | COMMON STOCK | 1,827 | $0 | 5,483 | D | ||||
EMPLOYEE STOCK OPTION (RT TO BUY) | $38.755 | 02/10/2017 | M | 180 | 02/11/2015(2) | 02/11/2024 | COMMON STOCK | 180 | $0 | 1,680 | D | ||||
EMPLOYEE STOCK OPTION (RT TO BUY) | $24.4 | 02/13/2017 | M | 1,396 | 02/11/2014 | 02/11/2023 | COMMON STOCK | 1,396 | $0 | 0 | D | ||||
EMPLOYEE STOCK OPTION (RT TO BUY) | $38.755 | 02/13/2017 | M | 840 | 02/11/2015(2) | 02/11/2024 | COMMON STOCK | 840 | $0 | 840 | D | ||||
EMPLOYEE STOCK OPTION (RT TO BUY) | $65.37 | 02/13/2017 | M | 1,573 | 02/10/2016(7) | 02/10/2025 | COMMON STOCK | 1,573 | $0 | 3,145 | D |
Explanation of Responses: |
1. OPTIONS REMAINING WILL VEST AS FOLLOWS: 1,828 ON 2/9/2018; 1,827 ON 2/9/2019; AND 1,828 ON 2/9/2020. |
2. THE 840 OPTIONS REMAINING WILL VEST ON 2/11/2018. |
3. COMMON SHARES ACQUIRED UPON VESTING OF RESTRICTED STOCK UNITS AWARDED UNDER THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN. |
4. FULLY VESTED RESTRICTED STOCK UNITS ISSUED IN ALASKA AIR GROUP COMMON STOCK. |
5. COMMON SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS. |
6. PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF THE SHARES ON THE DATE OF FORFEITURE. |
7. OPTIONS REMAINING WILL VEST AS FOLLOWS: 1,572 ON 2/10/2018 AND 1,573 ON 2/10/2019. |
/S/ JEANNE E GAMMON, ATTORNEY IN FACT FOR ANDREW R. HARRISON | 02/14/2017 | |
** 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. |