X0304 4 2012-01-30 false 0000766421 ALASKA AIR GROUP INC ALK 0001263108 JOHNSON GLENN S 19300 INTERNATIONAL BLVD SEATTLE WA 98188 false true false false PRESIDENT/HORIZON AIR COMMON STOCK 401(K) 1139 I ESOP TRUST COMMON STOCK 2012-01-30 4 M false 7498 27.56 A 12395 D COMMON STOCK 2012-01-30 4 A false 14102 0 A 26497 D COMMON STOCK 2012-01-30 4 S false 5147 74.4154 D 21350 D COMMON STOCK 2012-01-30 4 S false 2351 74.7455 D 18999 D RESTRICTED STOCK UNIT 2012-01-30 4 J false 14102 0 D 9000 D COMMON STOCK 2012-01-30 4 F false 3631 74.56 D 15368 D COMMON STOCK 2012-02-01 4 S false 1900 73.8468 D 13468 D COMMON STOCK 2012-02-01 4 S false 2100 75.1367 D 11368 D COMMON STOCK 2012-02-01 4 S false 1500 75.9007 D 9868 D EMPLOYEE STOCK OPTION (RT TO BUY) 27.56 2012-01-30 4 M false 7498 0 D 2010-01-29 2019-01-29 COMMON STOCK 7498 6604 D SHARES HELD IN THE ALASKA AIR GROUP INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN TRUST AS OF DECEMBER 31, 2011. DURING 2011, MR. JOHNSON ACQUIRED 130 SHARES OF ALK COMMON STOCK UNDER AN ALASKA AIR GROUP EMPLOYEE STOCK OWNERSHIP 401(k) PLAN TRUST. THE INFORMATION IN THIS REPORT IS BASED ON A PLAN STATEMENT DATED AS OF DECEMBER 31, 2011. SAME-DAY EXERCISE AND SALE OF OPTIONS WERE EFFECTED PURSUANT TO A RULE 10b5-1 TRADING PLAN ADOPTED BY MR. JOHNSON ON DECEMBER 15, 2011. COMMON SHARES ISSUED UPON VESTING OF RSUS ON JANUARY 30, 2012. RSUs WERE FULLY VESTED AND ISSUED EFFECTIVE JANUARY 30, 2012. STOCK UNITS WITHHELD TO COVER TAXES UPON VESTING OF RSUS ON JANUARY 30, 2012. NET SHARES ISSUED. SALE OF SHARES WAS EFFECTED PURSUANT TO A RULE 10b5-1 TRADING PLAN ADOPTED BY MR. JOHNSON ON DECEMBER 15, 2011. /s/ Jeanne Gammon Attorney-in-Fact for Glenn S. Johnson 2012-02-01