Filing Details

Accession Number:
0001179110-15-014601
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-06 18:58:05
Reporting Period:
2015-11-05
Filing Date:
2015-11-06
Accepted Time:
2015-11-06 18:58:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
793733 Skywest Inc SKYW Air Transportation, Scheduled (4512) 870292166
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1393687 A Russell Childs 444 S River Road
St. George UT 84790
President Skywest, Inc. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-11-05 10,000 $15.24 106,816 No 4 M Direct
Common Stock Disposition 2015-11-05 10,000 $19.61 96,816 No 4 S Direct
Common Stock Acquisiton 2015-11-06 21,024 $15.24 117,840 No 4 M Direct
Common Stock Disposition 2015-11-06 21,024 $20.18 96,816 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2015-11-05 10,000 $0.00 10,000 $15.24
Common Stock Stock Option (Right to Buy) Disposition 2015-11-06 21,024 $0.00 21,024 $15.24
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
21,024 2012-02-04 2016-02-04 No 4 M Direct
0 2012-02-04 2016-02-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,202 Indirect 401k Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $14.49 2013-02-03 2017-02-03 31,029 31,029 Direct
Common Stock Stock Option (Right to Buy) $15.51 2014-02-02 2018-02-02 9,929 9,929 Direct
Common Stock Stock Option (Right to Buy) $13.06 2015-02-15 2019-02-15 22,979 22,979 Direct
Common Stock Stock Option (Right to Buy) $13.24 2016-02-13 2020-02-13 16,389 16,389 Direct
Common Stock Stock Option (Right to Buy) $12.10 2017-02-18 2021-02-18 18,054 18,054 Direct
Common Stock Stock Option (Right to Buy) $11.36 2017-05-15 2021-05-15 4,687 4,687 Direct
Common Stock Stock Option (Right to Buy) $13.51 2016-02-17 2022-02-17 37,023 37,023 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-02-03 31,029 31,029 Direct
2018-02-02 9,929 9,929 Direct
2019-02-15 22,979 22,979 Direct
2020-02-13 16,389 16,389 Direct
2021-02-18 18,054 18,054 Direct
2021-05-15 4,687 4,687 Direct
2022-02-17 37,023 37,023 Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions of prices that ranged from $19.51 to $19.76, inclusive. The reporting person undertakes to provide to SkyWest, Inc., any security holder of SkyWest, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Includes 78,747 restricted stock units, of which 54,321 vest three years from the date of grant and 24,426 vest upon achievement of performance measurements three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.
  3. Stock Options become exercisable in equal annual installments of 33.33% starting on February 17, 2018.
  4. Shares held under the company 401k plan.
  5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions of prices that ranged from $20.10 to $20.29, inclusive. The reporting person undertakes to provide to SkyWest, Inc., any security holder of SkyWest, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.