JETBLUE AIRWAYS CORP — Director's Dealing 2016

May 20, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JETBLUE AIRWAYS CORP (JBLU)
CIK: 0001158463
Period of Report: 2016-05-18

Reporting Person: PETERSON JOEL CLINTON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-18	Common Stock	M	13500	$10.615	Acquired	627987	Direct
2016-05-18	Common Stock	S	7733	$18.6009	Disposed	620254	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-18	Stock Option (Right to Buy)	$10.615	M	13500	Disposed	2016-05-18	Common Stock (13500)	Direct

Footnotes

F1: The option vested one year from the grant date on May 18, 2007.

F2: Concurrent sale of shares resulting from an exercise of options granted on May 18, 2006 and expiring on May 18, 2016.