SKYWEST INC — Director's Dealing 2015

Sep 16, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2015-09-09

Reporting Person: Vais Terry (Chief Commercial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17260	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$14.49	2017-02-03	Common Stock (7000)		Direct
Stock Option (right to buy)	$15.51	2018-02-02	Common Stock (8683)		Direct
Stock Option (right to buy)	$13.06	2019-02-15	Common Stock (4796)		Direct
Stock Option (right to buy)	$13.24	2020-02-13	Common Stock (4847)		Direct
Stock Option (right to buy)	$12.1	2021-02-18	Common Stock (5515)		Direct
Stock Option (right to buy)	$13.51	2022-02-17	Common Stock (7037)		Direct

Footnotes

F1: Includes 17,260 restricted stock units, of which 12,618 vest three years from the date of grant and 4,642 vest upon achievement of performance measurements three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.

F2: Stock Options become exercisable in equal annual installments of 33.33% starting on February 17, 2016.