SKYWEST INC — Director's Dealing 2017

Nov 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2017-11-06

Reporting Person: Thompson Michael B (Chief Operating Officer of Sub)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-06	Common Stock	M	5868	$11.36	Acquired	42207	Direct
2017-11-06	Common Stock	S	3363	$47.05	Acquired	38844	Direct
2017-11-06	Common Stock	S	1500	$47.10	Acquired	37344	Direct
2017-11-06	Common Stock	S	1005	$47.15	Acquired	36339	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-06	Stock Option (Right to Buy)	$11.36	M	5868	Disposed	2021-05-15	Common Stock (5868)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3057	Indirect

Footnotes

F1: Includes 22,191 restricted stock units which vest three years from the date of the grant. Each restricted stock unit represents a contingent right to receive one share of common stock.

F2: Shares held under the company 401k plan.