SKYWEST INC — Director's Dealing 2018

Feb 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYWEST INC (SKYW)
CIK: 0000793733
Period of Report: 2018-02-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-07	Common Stock	A	17211	—	Acquired	52093	Direct
2018-02-07	Common Stock	A	5027	—	Acquired	57120	Direct
2018-02-07	Common Stock	A	4494	—	Acquired	61614	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3057	Indirect

Footnotes

F1: Represents the number of shares of common stock issued upon the achievement of the performance measurements relating to performance stock units granted in February 2015 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which shares will vest in full three years from the date of grant.

F2: Represents the adjusted total reflecting the issuance of 19 shares as reinvestment of dividends. Includes 39,402 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.

F3: Represents the number of shares of common stock issued upon the achievement of the performance measurements relating to performance stock units granted in February 2017 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which shares will vest in full three years from the date of grant.

F4: Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan.

F5: Shares held under the company 401k plan.

F6: Includes 44,429 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.

F7: Includes 48,923 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.