X0202 4 2004-12-01 1 0001159154 REPUBLIC AIRWAYS HOLDINGS INC RJET 0001291477 Jones Jeffrey Bryan 8909 PURDUE ROAD SUITE 300 INDIANAPOLIS IN 46268 0 1 0 0 VP Mkt Planning & Development Common Stock, $.001 par value 2004-12-01 4 M 0 17000 1.75 A 17000 D Common Stock, $.001 par value 2004-12-01 4 S 0 17000 11.3385 D 0 D Common Stock, $.001 par value 2004-12-02 4 M 0 33000 1.75 A 33000 D Common Stock, $.001 par value 2004-12-02 4 S 0 33000 11.3093 D 0 D Option to purchase Common Stock, $.001 par value 13 2004-06-02 4 A 0 12000 A 2014-06-02 Common Stock, $.001 par value 12000 12000 D Option to purchase Common Stock, $.001 par value 1.75 2004-12-01 4 M 0 17000 11.3385 D 2008-09-30 Common Stock, $.001 par value 17000 95000 D Option to purchase Common Stock, $.001 par value 1.75 2004-12-02 4 M 0 33000 11.3093 D 2008-09-30 Common Stock, $001 par value 33000 62000 D These options became exercisable in equal monthly installments over 48 months beginning on June 2, 2004. Not applicable. These options became exercisable in equal monthly installments over 48 months beginning on January 10, 2000. Each monthly installment expires 5 years after the date on which it became vested, with the last monthly installment expiring on September 30, 2008. /s/ Jeffrey B. Jones 2004-12-03