X0306 4 2015-10-26 false 0000766421 ALASKA AIR GROUP, INC. ALK 0001174961 KNIGHT JESSIE J JR 19300 INTERNATIONAL BLVD SEATTLE WA 98188 true false false false DEFERRED STOCK UNIT 22498 D COMMON STOCK 2015-10-26 4 S false 4000 79.338 D 16160 D FULLY VESTED STOCK UNITS UNDER THE ISSUER'S 2008 PERFORMANCE INCENTIVE PLAN; PAYABLE IN SHARES OF THE ISSUER'S COMMON STOCK ON A ONE-FOR-ONE BASIS FOLLOWING THE TERMINATION OF THE REPORTING PERSON'S SERVICE ON THE BOARD OF DIRECTORS. THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $79.28 TO $79.44, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO ALASKA AIR GROUP, ANY SECURITY HOLDER OF ALASKA AIR GROUP, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGES SET FORTH IN THIS FOOTNOTE. /S/ JEANNE E GAMMON, ATTORNEY IN FACT FOR JESSIE J. KNIGHT, JR. 2015-10-27