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

Mar 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALASKA AIR GROUP, INC. (ALK)
CIK: 0000766421
Period of Report: 2021-02-25

Reporting Person: MINICUCCI BENITO (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-25	RESTRICTED STOCK UNITS	$0	A	12580	Acquired	2031-02-25	COMMON STOCK (12580)	Direct
2021-02-25	EMPLOYEE STOCK OPTION (RT TO BUY)	$65.56	A	31140	Acquired	2031-02-25	COMMON STOCK (31140)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	101909	Direct

Footnotes

F1: RESTRICTED STOCK UNITS CLIFF VEST 3 YEARS FROM GRANT AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE BASIS.

F2: OPTIONS GRANTED VEST IN 25% INCREMENTS OVER FOUR YEARS (02/25/2022, 02/25/2023, 02/25/2024 and 02/25/2025).