ALASKA AIR GROUP, INC. — Director's Dealing 2012

Aug 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALASKA AIR GROUP, INC. (ALK)
CIK: 0000766421
Period of Report: 2012-08-21

Reporting Person: LANGLAND MARC (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-21	COMMON STOCK	S	1408	$34.76	Disposed	10288	Direct
2012-08-21	COMMON STOCK	S	600	$34.79	Disposed	9688	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
DEFERRED STOCK UNIT	10672	Direct

Footnotes

F1: GRANT OF 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.