SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Romo Tammy

(Last) (First) (Middle)
SOUTHWEST AIRLINES CO.
2702 LOVE FIELD DRIVE

(Street)
DALLAS TX 75235

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/20/2012
3. Issuer Name and Ticker or Trading Symbol
SOUTHWEST AIRLINES CO [ LUV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SR VP Finance & CFO
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 63,777(1) D
Common Stock 3,310(2) I By ProfitSharing Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) (3) 10/08/2012 Common Stock 1,300 12.12 D
Employee Stock Option (Right to Buy) (3) 01/02/2013 Common Stock 543 14.03 D
Employee Stock Option (Right to Buy) (3) 01/23/2013 Common Stock 1,913 13.19 D
Employee Stock Option (Right to Buy) (3) 01/05/2014 Common Stock 574 15.91 D
Employee Stock Option (Right to Buy) (3) 01/23/2014 Common Stock 1,913 15.51 D
Employee Stock Option (Right to Buy) (4) 09/01/2014 Common Stock 26,000 14.75 D
Employee Stock Option (Right to Buy) (3) 01/20/2015 Common Stock 3,574 14.25 D
Employee Stock Option (Right to Buy) (3) 12/31/2015 Common Stock 11,037 16.43 D
Employee Stock Option (Right to Buy) (3) 03/17/2016 Common Stock 10,000 17.53 D
Employee Stock Option (Right to Buy) (3) 01/31/2018 Common Stock 25,000 12.18 D
Employee Stock Option (Right to Buy) (3) 02/01/2019 Common Stock 33,000 6.75 D
Explanation of Responses:
1. Holdings include 50,310 restricted stock units previously granted pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan, which will entitle the reporting person to one share of common stock for each restricted stock unit that vests. The resticted stock units will vest as follows: 12,993 on May 16, 2013; 4,000 on May 18, 2013; 3,333 on May 19, 2013; 12,992 on May 16, 2014; 4,000 on May 18, 2014; and 12,992 on May 16, 2015.
2. Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.
3. The option is currently fully exercisable.
4. The option is currently exercisable with respect to 21,600 shares and will become exercisable with respect to the remaining 4,400 shares on September 1, 2013.
Remarks:
Marilyn R. Post, on behalf of and as attorney-in-fact for Tammy Romo 09/28/2012
** 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 5 (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.