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SKYWEST INC Director's Dealing 2010

Feb 4, 2010

31149_dirs_2010-02-04_0e11f6ee-1765-4986-9f64-cc930cad8d61.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: ATKIN JERRY C (Director, Chairman and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-03 Common Stock A 19886 Acquired 875523 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 20094 Acquired 2017-02-05 Common Stock (20094) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 711955 Indirect

Footnotes

F1: Includes 2,756 shares acquired under the SkyWest Inc. Stock Purchase Plan during 2009 and 436 shares acquired under the SkyWest Inc. Stock Purchase Plan on January 8, 2010. Also includes 4,940 restricted shares that vest on Feb. 6, 2010, 4,940 restricted shares that vest on Feb. 6, 2011, and 16,251 restricted shares that vest on Feb. 4, 2012.