SKYWEST INC — Director's Dealing 2009

Feb 5, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2009-02-04

Reporting Person: Holt Bradford R (President of Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-04	Common	A	7972	—	Acquired	15399	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-04	Options (right to buy)	$15.24	A	47835	Acquired	2016-02-04	Common (47835)	Direct

Footnotes

F1: 7972 restricted shares issued February 4, 2009, pursuant to the 2006 long-term incentive plan, that vest in three years

F2: Includes 251 shares held in the company 401(k) plan, 2200 restricted shares that vest on May 8, 2009; 2217 restricted shares that vest on February 6, 2010; 2184 restricted shares that vest on February 6, 2011; and 7972 shares that vest on February 4, 2012.