SOUTHWEST AIRLINES CO — Director's Dealing 2021

Feb 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHWEST AIRLINES CO (LUV)
CIK: 0000092380
Period of Report: 2021-02-03

Reporting Person: Jordan Robert E (EVP Corporate Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-03	Common Stock	A	24138	—	Acquired	153094	Direct
2021-02-03	Common Stock	A	32693	—	Acquired	185787	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11553	Indirect

Footnotes

F1: Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2021, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

F2: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2022, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

F3: Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.