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SKYWEST INC Director's Dealing 2010

Feb 4, 2010

31149_dirs_2010-02-04_c2e98a77-8e0e-4a1a-9087-4949b9d2b3bc.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: 2010-02-03

Reporting Person: RICH BRADFORD R (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-03 Common Stock A 11557 Acquired 50959 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-03 Stock Option (right to buy) $14.49 A 11678 Acquired 2017-02-05 Common Stock (11678) Direct

Footnotes

F1: Includes 317 shares acquired under the SkyWest Inc. Stock Purchase Plan during 2009 and 548 shares acquired under the SkyWest Inc. Stock Purchase Plan on Jan. 8, 2010. Also includes 2,872 restricted shares that vest on Feb. 6, 2010, 2,872 restricted shares that vest on Feb. 6, 2011, and 9,602 restricted shares that vest on Feb. 4, 2012.