X0202 4 2007-06-01 0 0001159154 REPUBLIC AIRWAYS HOLDINGS INC [RJET] 0001290868 Heller Wayne C 8909 PURDUE ROAD SUITE 300 INDIANAPOLIS IN 46268 0 1 0 0 EVP and COO Common Stock, par value $.001 2007-06-01 4 M 0 13375 13 A 97783 D Common Stock, par value $.001 2007-06-01 4 S 0 700 23.16 D 97083 D Common Stock, par value $.001 2007-06-01 4 S 0 1334 23.17 D 95749 D Common Stock, par value $.001 2007-06-01 4 S 0 500 23.12 D 95249 D Common Stock, par value $.001 2007-06-01 4 S 0 300 23.03 D 94949 D Common Stock, par value $.001 2007-06-01 4 S 0 200 23.02 D 94749 D Common Stock, par value $.001 2007-06-01 4 S 0 237 23.05 D 94512 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.01 D 94412 D Common Stock, par value $.001 2007-06-01 4 S 0 400 23 D 94012 D Common Stock, par value, $.001 2007-06-01 4 S 0 400 23.04 D 93612 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.07 D 93512 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.08 D 93412 D Common Stock, par value $.001 2007-06-01 4 S 0 200 23.11 D 93212 D Common Stock, par value $.001 2007-06-01 4 S 0 3400 23.15 D 89812 D Common Stock, par value $.001 2007-06-01 4 S 0 400 23.13 D 89412 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.06 D 89312 D Common Stock, par value $.001 2007-06-01 4 S 0 400 23.14 D 88912 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.24 D 88812 D Common Stock, par value $.001 2007-06-01 4 S 0 200 23.37 D 88612 D Common Stock, par value $.001 2007-06-01 4 S 0 600 23.35 D 88012 D Common Stock, par value $.001 2007-06-01 4 S 0 200 23.41 D 87812 D Common Stock, par value $.001 2007-06-01 4 S 0 106 23.31 D 87706 D Common Stock, par value $.001 2007-06-01 4 S 0 300 23.19 D 87406 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.1 D 87306 D Common Stock, par value $.001 2007-06-01 4 S 0 500 23.18 D 86806 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.2 D 86706 D Common Stock, par value $.001 2007-06-01 4 S 0 300 23.21 D 86406 D Common Stock, par value $.001 2007-06-01 4 S 0 200 23.22 D 86206 D Common Stock, par value $.001 2007-06-01 4 S 0 100 23.23 D 86106 D Common Stock, par value $.001 2007-06-01 4 S 0 1698 23.3 D 84408 D Option to Purchase Common Stock, par value $.001 13 2007-06-01 4 M 0 13375 D 2014-12-27 Common Stock, par value $.001 13375 26748 D These shares were sold pursuant to a written plan as specified in Rule 10b5-1(c) of the Securities Exchange Act of 1934. This total includes 9,408 restricted shares granted on February 20, 2007 that vest in equal monthly installments over 12 months beginning on August 31, 2007. Not applicable. The number of beneficially owned derivatives is the result of options being exercised from two different stock option agreements. On December 27, 2004, Heller was granted 74,160 options which vested in equal monthly installments over 8 months beginning on December 27, 2004. On this same date, he was also granted 120,000 options which vest in equal monthly installments over 24 months beginning on August 31, 2005. As of June 1, 2007, 26,748 options remain. /s/ Wayne C. Heller 2007-06-04