0001855774-23-000005.txt : 20230504 0001855774-23-000005.hdr.sgml : 20230504 20230504170431 ACCESSION NUMBER: 0001855774-23-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230502 FILED AS OF DATE: 20230504 DATE AS OF CHANGE: 20230504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VON MUEHLEN CONSTANCE E CENTRAL INDEX KEY: 0001855774 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08957 FILM NUMBER: 23889839 MAIL ADDRESS: STREET 1: C/O ALASKA AIR GROUP, INC. STREET 2: 19300 INTERNATIONAL BLVD CITY: SEATTLE STATE: WA ZIP: 98188 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALASKA AIR GROUP, INC. CENTRAL INDEX KEY: 0000766421 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 911292054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 BUSINESS PHONE: 206-392-5040 MAIL ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 FORMER COMPANY: FORMER CONFORMED NAME: ALASKA AIR GROUP INC DATE OF NAME CHANGE: 19920703 4 1 wf-form4_168323425796556.xml FORM 4 X0407 4 2023-05-02 0 0000766421 ALASKA AIR GROUP, INC. ALK 0001855774 VON MUEHLEN CONSTANCE E ALASKA AIR GROUP, INC. 19300 INTERNATIONAL BLVD SEATTLE WA 98188 0 1 0 0 EVP AND COO 0 COMMON STOCK 2023-05-02 4 M 0 1190 0 A 8320 D COMMON STOCK 2023-05-02 4 F 0 436 43.37 D 7884 D COMMON STOCK 2023-05-02 4 A 0 556 0 A 8440 D COMMON STOCK 2023-05-02 4 F 0 219 43.37 D 8221 D COMMON STOCK 470 I Held by Spouse RESTRICTED STOCK UNITS 0.0 2023-05-02 4 A 0 1190 0 A 2023-05-02 2023-05-02 COMMON STOCK 1190.0 1190 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 M 0 1190 0 D 2023-05-02 2023-05-02 COMMON STOCK 1190.0 0 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 A 0 4110 0 A 2024-04-03 2024-04-03 COMMON STOCK 4110.0 4110 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 A 0 5810 0 A 2025-02-07 2025-02-07 COMMON STOCK 5810.0 5810 D EMPLOYEE STOCK OPTION (RIGHT TO BUY) 69.49 2023-05-02 4 A 0 8576 0 A 2033-05-02 COMMON STOCK 8576.0 8576 D EMPLOYEE STOCK OPTION (RIGHT TO BUY) 64.55 2023-05-02 4 A 0 2585 0 A 2033-05-02 COMMON STOCK 2585.0 2585 D COMMON STOCK 55.36 2023-05-02 4 A 0 13770 0 A 2033-05-02 COMMON STOCK 13770.0 13770 D RESTRICTED STOCK UNITS 0.0 2023-05-04 4 A 0 13160 0 A 2026-05-04 2026-05-04 COMMON STOCK 13160.0 13160 D Each restricted stock unit represents a contingent right to receive one share of ALK common stock. 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 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, 2022, in accordance with the terms of a PSU award agreement granted under the Issuer's 2016 Performance Incentive Plan and per approval by the Board's Compensation Committee. 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. The option vests as to 3,546 shares on May 2, 2023; as to 2,515 shares on April 3, 2024; and as to 2,515 shares on April 3, 2025. The option vests as to 1,292 shares on May 2, 2023, and as to 1,293 shares on February 11, 2024. The option vests as to 3,442 shares on May 2, 2023; as to 3,443 shares on February 7, 2024; as to 3,442 shares on February 7, 2025; and as to 3,443 shares on February 7, 2026. /s/ Howard Kuppler, by power of attorney 2023-05-04