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SKYWEST INC Director's Dealing 2016

Aug 10, 2016

31149_dirs_2016-08-10_97ab452b-e916-4957-9b1a-cc7c494a8405.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: 2016-08-10

Reporting Person: SIMMONS ROBERT J (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-08-10 Common Stock P 1000 $27.69 Acquired 64178 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $14.12 2022-04-02 Common Stock (24233) 24233 Direct
Stock Option (Right to Buy) $14.78 2023-02-10 Common Stock (22889) 22889 Direct

Footnotes

F1: Includes 62,178 restricted stock units, of which 31,089 vest approximately three years from the date of grant and 31,089 vest upon achievement of performance measurements approximately 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 10, 2016.

F3: Stock Options become exercisable in equal annual installments of 33.33% starting on February 10, 2017.