0001663200-23-000005.txt : 20230504 0001663200-23-000005.hdr.sgml : 20230504 20230504162330 ACCESSION NUMBER: 0001663200-23-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230502 FILED AS OF DATE: 20230504 DATE AS OF CHANGE: 20230504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEVINE KYLE B CENTRAL INDEX KEY: 0001663200 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08957 FILM NUMBER: 23889147 MAIL ADDRESS: STREET 1: ALASKA AIR GROUP, INC. STREET 2: 19300 INTERNATIONAL BLVD CITY: SEATTLE STATE: WA ZIP: 98188 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALASKA AIR GROUP, INC. CENTRAL INDEX KEY: 0000766421 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 911292054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 BUSINESS PHONE: 206-392-5040 MAIL ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 FORMER COMPANY: FORMER CONFORMED NAME: ALASKA AIR GROUP INC DATE OF NAME CHANGE: 19920703 4 1 wf-form4_168323179885919.xml FORM 4 X0407 4 2023-05-02 0 0000766421 ALASKA AIR GROUP, INC. ALK 0001663200 LEVINE KYLE B ALASKA AIR GROUP, INC. 19300 INTERNATIONAL BLVD SEATTLE WA 98188 0 1 0 0 SVP LEGAL & GEN COUNSEL 0 COMMON STOCK 2023-05-02 4 A 0 423 0 A 12244 D COMMON STOCK 2023-05-02 4 F 0 104 43.37 D 12140 D COMMON STOCK 2023-05-02 4 M 0 2060 0 A 14200 D COMMON STOCK 2023-05-02 4 F 0 502 43.37 D 13755 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 A 0 2060 0 A 2023-05-02 2023-05-02 COMMON STOCK 2060.0 2060 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 M 0 2060 0 D 2023-05-02 2023-05-02 COMMON STOCK 2060.0 0 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 A 0 2900 0 A 2024-02-09 2024-02-09 COMMON STOCK 2900.0 2900 D RESTRICTED STOCK UNITS 0.0 2023-05-02 4 A 0 3250 0 A 2025-02-07 2025-02-07 COMMON STOCK 3250.0 3250 D EMPLOYEE STOCK OPTION (RIGHT TO BUY) 55.74 2023-05-02 4 A 0 5445 0 A 2033-05-02 COMMON STOCK 5445.0 5445 D EMPLOYEE STOCK OPTION (RIGHT TO BUY) 55.36 2023-05-02 4 A 0 485 0 A 2033-05-02 COMMON STOCK 485.0 485 D RESTRICTED STOCK UNITS 0.0 2023-05-04 4 A 0 7740 0 A 2026-05-04 2026-05-04 COMMON STOCK 7740.0 7740 D The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2022, in accordance with the terms of a PSU award agreement granted under the Issuer's 2016 Performance Incentive Plan and per approval by the Board's Compensation Committee. The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of PSUs and settled with shares by the reporting person. Each restricted stock unit represents a contingent right to receive one share of ALK common stock. The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person. Includes 57 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on April 30, 2023, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). The option vests as to 1,815 shares on May 2, 2023; as to 1,815 shares on February 9, 2024, and as to 1,815 shares on February 9, 2025. The option vests as to 363 shares on February 7, 2025, and as to 122 shares on February 7, 2026. /s/ Howard Kuppler, power of attorney 2023-05-04