SKYWEST INC — Director's Dealing 2017

Dec 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2017-12-01

Reporting Person: ATKIN JERRY C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-01	Common Stock	M	19627	$13.06	Acquired	717568	Direct
2017-12-01	Common Stock	F	11185	$50.5440	Disposed	706383	Direct
2017-12-04	Common Stock	G	725	—	Disposed	705658	Direct
2017-12-04	Common Stock	G	725	—	Disposed	412530	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-01	Stock Option (Right to Buy)	$13.06	M	19627	Disposed	2019-02-15	Common Stock (19627)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20000	Indirect
Common Stock	3	Indirect

Footnotes

F1: Includes 31,887 restricted stock units, which vest three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.

F2: Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $50.15 and $50.95 per share. Detailed information on the exact number of shares sold at each price is available upon request to the issuer.

F3: Reflects shares held in the Doyle C. Atkin Irrevocable Trust, of which the reporting person is a trustee.