ALASKA AIR GROUP, INC. — Director's Dealing 2021

Nov 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALASKA AIR GROUP, INC. (ALK)
CIK: 0000766421
Period of Report: 2021-09-09

Reporting Person: VON MUEHLEN CONSTANCE E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-09	COMMON STOCK	M	168	—	Acquired	285	Indirect
2021-09-09	COMMON STOCK	F	50	$58.2	Disposed	235	Indirect
2021-11-05	COMMON STOCK	M	986	—	Acquired	4325	Direct
2021-11-05	COMMON STOCK	F	241	$59.35	Disposed	4084	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-09	RESTRICTED STOCK UNITS	$0	M	168	Disposed	2030-09-09	COMMON STOCK (168)	Indirect
2021-11-05	RESTRICTED STOCK UNITS	$0	M	986	Disposed	2030-11-05	COMMON STOCK (986)	Direct

Footnotes

F1: OUTSTANDING RESTRICTED STOCK UNITS SCHEDULED TO VEST IN EQUAL INSTALLMENTS ON 9/9/2021, 3/9/2022 AND 9/9/2022. THE RSUs CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE BASIS.

F2: SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 9/9/2021.

F3: PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.

F4: RESTRICTED STOCK UNITS VEST ANNUALLY IN EQUAL INSTALLMENTS ON THE FIRST THREE ANNIVERSARIES OF THE GRANT DATE AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS.

F5: SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 11/05/2021.