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SKYWEST INC Director's Dealing 2009

Feb 5, 2009

31149_dirs_2009-02-05_aae600ed-03ef-4988-81ee-f827a09c7ad8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: RICH BRADFORD R (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-02-04 Common A 9602 Acquired 38537 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-02-04 Options (right to buy) $15.24 A 57614 Acquired 2016-02-14 Common (57614) Direct

Footnotes

F1: 9602 restricted shares granted on February 4, 2009, pursuant to the 2006 long-term incentive plan, that vest in three years from date of grant.

F2: Includes 3000 restricted shares that best on May 8, 2009; 2872 restricted shares that vest on February 6, 2010; 2872 restricted shares that vest on February 6, 2011; 9602 restricted shares that vest on February 4, 2012; and 2321 shares held in the SkyWest, Inc. stock purchase plan