SEC FORM 4

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

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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^*

RICKS RON

(Last)

(First)

(Middle)

SOUTHWEST AIRLINES CO.

2702 LOVE FIELD DRIVE

(Street)

DALLAS

75235-1908

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SOUTHWEST AIRLINES CO [ LUV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Legal & Reg. Off.

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2014

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2014		S		200	D	$25.082	365,768	D
Common Stock	05/20/2014		S		2,129	D	$25.09	363,639	D
Common Stock	05/20/2014		S		300	D	$25.092	363,339	D
Common Stock	05/20/2014		S		1,071	D	$25.1	362,268	D
Common Stock	05/20/2014		S		200	D	$25.101	362,068	D
Common Stock	05/20/2014		S		300	D	$25.102	361,768	D
Common Stock	05/20/2014		S		1,500	D	$25.11	360,268	D
Common Stock	05/20/2014		S		100	D	$25.111	360,168	D
Common Stock	05/20/2014		S		700	D	$25.112	359,468	D
Common Stock	05/20/2014		S		2,200	D	$25.12	357,268	D
Common Stock	05/20/2014		S		200	D	$25.121	357,068	D
Common Stock	05/20/2014		S		100	D	$25.122	356,968	D
Common Stock	05/20/2014		S		100	D	$25.125	356,868	D
Common Stock	05/20/2014		S		4,400	D	$25.13	352,468	D
Common Stock	05/20/2014		S		700	D	$25.131	351,768	D
Common Stock	05/20/2014		S		1,900	D	$25.132	349,868	D
Common Stock	05/20/2014		S		400	D	$25.135	349,468	D
Common Stock	05/20/2014		S		3,800	D	$25.14	345,668	D
Common Stock	05/20/2014		S		500	D	$25.141	345,168	D
Common Stock	05/20/2014		S		500	D	$25.142	344,668	D
Common Stock	05/20/2014		S		200	D	$25.145	344,468	D
Common Stock	05/20/2014		S		3,900	D	$25.15	340,568	D
Common Stock	05/20/2014		S		100	D	$25.151	340,468	D
Common Stock	05/20/2014		S		700	D	$25.152	339,768	D
Common Stock	05/20/2014		S		400	D	$25.155	339,368	D
Common Stock	05/20/2014		S		2,100	D	$25.16	337,268	D
Common Stock	05/20/2014		S		200	D	$25.161	337,068	D
Common Stock	05/20/2014		S		600	D	$25.162	336,468	D
Common Stock	05/20/2014		S		1,200	D	$25.17	335,268	D
Common Stock	05/20/2014		S		300	D	$25.171	334,968	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

Form 2 of 3

	/s/ Tim Whisler, on behalf of and as attorney-in-fact for Ron Ricks	05/22/2014
	** 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.