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SOUTHWEST AIRLINES CO Director's Dealing 2012

May 23, 2012

30348_dirs_2012-05-22_218e3227-4258-4e21-82f9-c771446974aa.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHWEST AIRLINES CO (LUV)
CIK: 0000092380
Period of Report: 2012-05-18

Reporting Person: Wright Laura (SR VP FINANCE & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-05-18 Common Stock F 2645 $8.15 Disposed 223642 Direct
2012-05-19 Common Stock F 2645 $8.15 Disposed 220997 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8630 Indirect

Footnotes

F1: Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.