SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 04/06/2021 | 3. Issuer Name and Ticker or Trading Symbol ALASKA AIR GROUP, INC. [ ALK ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
COMMON STOCK | 3,339 | D | |
COMMON STOCK | 117 | I | HELD BY SPOUSE |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
RESTRICTED STOCK UNITS | 02/14/2022(1) | 02/14/2029 | COMMON STOCK | 1,490 | 0 | D | |
RESTRICTED STOCK UNITS | 02/11/2023(1) | 02/11/2030 | COMMON STOCK | 1,190 | 0 | D | |
RESTRICTED STOCK UNITS | 11/05/2021(2) | 11/05/2030 | COMMON STOCK | 2,960 | 0 | D | |
RESTRICTED STOCK UNITS | 01/21/2022(1) | 01/21/2029 | COMMON STOCK | 20 | 0 | D | |
RESTRICTED STOCK UNITS | 04/03/2024(1) | 04/03/2031 | COMMON STOCK | 4,110 | 0 | D | |
EMPLOYEE STOCK OPTION (RT TO BUY) | 02/13/2019(3) | 02/13/2028 | COMMON STOCK | 3,930 | 66.89 | D | |
EMPLOYEE STOCK OPTION (RT TO BUY) | 01/21/2020(4) | 01/21/2029 | COMMON STOCK | 90 | 64.86 | D | |
EMPLOYEE STOCK OPTION (RT TO BUY) | 02/14/2020(5) | 02/14/2029 | COMMON STOCK | 5,690 | 66.57 | D | |
RESTRICTED STOCK UNITS | 09/09/2021(6) | 09/09/2030 | COMMON STOCK | 503 | 0 | I | HELD BY SPOUSE |
EMPLOYEE STOCK OPTION (RT TO BUY) | 02/11/2021(7) | 02/11/2030 | COMMON STOCK | 5,170 | 64.55 | D | |
EMPLOYEE STOCK OPTIONS (RT TO BUY) | 11/05/2021(8) | 11/05/2030 | COMMON STOCK | 2,540 | 39.18 | D | |
EMPLOYEE STOCK OPTION (RT TO BUY) | 04/03/2022(9) | 04/03/2031 | COMMON STOCK | 10,060 | 69.49 | D |
Explanation of Responses: |
1. RESTRICTED STOCK UNITS CLIFF VEST 3 YEARS FROM GRANT AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS. |
2. RESTRICTED STOCK UNITS (RSUs) WILL VEST ANNUALLY IN EQUAL INSTALLMENTS ON THE FIRST THREE ANNIVERSARIES OF THE GRANT DATE (986 RSUs ON 11/5/2021; 987 RSUs ON 11/5/2022 AND 987 RSUs ON 11/5/2023). RSUs CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS. |
3. OPTIONS VEST IN 25% INCREMENTS OVER FOUR YEARS. 2,947 OPTIONS ARE CURRENTLY EXERCISABLE; THE REMAINING 983 OPTIONS WILL VEST ON 2/13/2022. |
4. OPTIONS VEST IN 25% INCREMENTS OVER FOUR YEARS. 45 OPTIONS ARE CURRENTLY EXERCISABLE; THE REMAINING 45 OPTIONS WILL VEST AS FOLLOWS 22 OPTIONS ON 1/21/22 AND 23 OPTIONS ON 1/21/2023. |
5. OPTIONS VEST IN 25% INCREMENTS OVER FOUR YEARS. 2,845 OPTIONS ARE CURRENTLY EXERCISABLE; THE REMAINING 2,845 OPTIONS WILL VEST AS FOLLOWS: 1,422 OPTIONS ON 2/14/2022 AND 1,423 OPTIONS ON 2/14/2023. |
6. RESTRICTED STOCK UNITS (RSUs) WILL VEST AS FOLLOWS: 168 RSUs ON 9/9/2021; 167 RSUs ON 3/9/2022; AND 168 RSUs ON 9/9/2022. RSUs CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS. |
7. OPTIONS VEST IN 25% INCREMENTS OVER FOUR YEARS. 1,292 OPTIONS ARE CURRENTLY EXERCISABLE; THE REMAINING 3,878 OPTIONS WILL VEST AS FOLLOWS: 1,293 OPTIONS ON 2/11/2022; 1,292 ON 2/11/2023; AND 1,293 OPTIONS ON 2/11/2024. |
8. OPTIONS VEST IN 33% INCREMENTS OVER THREE YEARS. THE OPTIONS WILL VEST AS FOLLOWS: 846 OPTIONS ON 11/5/2021; 847 OPTIONS ON 11/5/2022; AND 847 OPTIONS ON 11/5/2023. |
9. OPTIONS VEST IN 25% INCREMENTS OVER FOUR YEARS. THE OPTIONS WILL VEST AS FOLLOWS: 2,515 OPTIONS ON 4/3/22; 2,515 OPTIONS ON 4/3/23; 2,515 OPTIONS ON 4/3/24; AND 2,515 OPTIONS ON 4/23/25. |
/S/JEANNE E GAMMON, ATTORNEY IN FACT FOR CONSTANCE E VON MUEHLEN | 04/15/2021 | |
** 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 5 (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. |