JETBLUE AIRWAYS CORP — Director's Dealing 2021

Apr 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JETBLUE AIRWAYS CORP (JBLU)
CIK: 0001158463
Period of Report: 2021-04-12

Reporting Person: Priest Stephen J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-12	Common Stock	A	11439	—	Acquired	66378	Direct
2021-04-12	Common Stock	F	5602	$20.50	Disposed	60776	Direct

Footnotes

F1: Represents shares of JetBlue Airways Corporation (the Company) common stock earned by, and issued to, the Reporting Person upon vesting of Performance Share Units (2018 PSUs) granted on April 12, 2018, based on a relative Return on Invested Capital (ROIC) growth goal and a relative pre-tax margin growth goal, weighted 1/2 for relative ROIC growth and 1/2 for relative pre-tax margin growth, for the performance period from January 1, 2018 through December 31, 2020. Following the conclusion of the three year performance period, the Compensation Committee certified to the performance of the Company relative to these goals for the 2018 PSUs at 63.9%.

F2: Represents shares withheld by the Company for taxes, as permitted by the JetBlue Airways Corporation 2011 Incentive Compensation Plan and related award agreement, to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting and settlement of the 2018 PSUs. There was no open market sale of shares by the Reporting Person.

F3: Closing market price per share of the Company common stock on the settlement date.