SKYWEST INC — Director's Dealing 2016

Feb 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2016-02-16

Reporting Person: Childs Russell A (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-16	Common Stock	F	4917	$15.26	Disposed	140827	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$14.49	2017-02-03	Common Stock (31029)	31029	Direct
Stock Option (Right to Buy)	$15.51	2018-02-02	Common Stock (9929)	9929	Direct
Stock Option (Right to Buy)	$13.06	2019-02-15	Common Stock (22979)	22979	Direct
Stock Option (Right to Buy)	$13.24	2020-02-13	Common Stock (16389)	16389	Direct
Stock Option (Right to Buy)	$12.10	2021-02-18	Common Stock (18054)	18054	Direct
Stock Option (Right to Buy)	$11.36	2021-05-15	Common Stock (4687)	4687	Direct
Stock Option (Right to Buy)	$13.51	2022-02-17	Common Stock (37023)	37023	Direct
Stock Option (Right to Buy)	$14.78	2023-02-10	Common Stock (41020)	41020	Direct

Footnotes

F1: Includes 120,484 restricted stock units, of which 69,084 vest three years from the date of grant and 51,490 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 11, 2016.

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