SKYWEST INC — Director's Dealing 2011

Feb 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2011-02-02

Reporting Person: ATKIN JERRY C (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-11	Common Stock	A	19342	—	Acquired	891817	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-02	Stock Option (right to buy)	$14.49	A	40188	Acquired	2017-02-03	Common Stock (40188)	Direct
2011-02-02	Stock Option (right to buy)	$15.51	A	19545	Acquired	2018-02-02	Common Stock (19545)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	708755	Indirect

Footnotes

F1: Includes 2,756 shares acquired under the SkyWest, Inc. Stock Purchase Plan during 2009; 1872 shares acquired under the SkyWest, Inc. Stock Purchase plan during 2010; and 716 shares acquired under the SkyWest, Inc. Stock Purchase Plan on Jan. 6, 2011. Also includes 4,940 restricted shares that vest on Feb. 6, 2011; 16,521 restricted shares that vest on Feb. 4, 2012; and 19,886 restricted share units that vest on Feb. 3, 2013.

F2: Granted Feb. 3, 2010, but subject to performance conditions that were met on Feb. 2, 2011.