SKYWEST INC — Director's Dealing 2012

Dec 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2012-12-06

Reporting Person: RICH BRADFORD R (President SkyWest, Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-06	Common Stock	M	48367	$10.57	Acquired	116983	Direct
2012-12-06	Common Stock	S	48367	$11.4654	Disposed	68616	Direct
2012-12-07	Common Stock	M	1633	$10.57	Acquired	70249	Direct
2012-12-07	Common Stock	S	270	$11.5901	Disposed	69979	Direct
2012-12-07	Common Stock	S	1363	$11.5300	Disposed	68616	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-06	Stock Option	$10.57	M	48367	Disposed	2013-02-04	Common Stock (48367)	Direct
2012-12-07	Stock Option	$10.57	M	1633	Disposed	2013-02-04	Common Stock (1633)	Direct

Footnotes

F1: Includes 2,760 shares acquired under the SkyWest, Inc. Stock Purchase Plan. Also includes 11,557 retricted share units that vest on Feb. 3, 2013; 11,605 restricted share units that vest on Feb. 2, 2014; and 14,472 restricted share units that vest on Feb. 15, 2015.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices that range from $11.40 to $11.68, inclusive. The reporting person undertakes to provide to SkyWest, Inc., any security holder of SkyWest, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.