4//SEC Filing
JETBLUE AIRWAYS CORP 4
Accession 0001179110-16-022406
$JBLUCIK 0001158463operating
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 6:10 PM ET
Size
7.1 KB
Accession
0001179110-16-022406
Insider Transaction Report
Form 4
Powers Mark D
Chief Financial Officer
Transactions
- Award
Common Stock
2016-03-24+40,089→ 210,408 total - Tax Payment
Common Stock
2016-03-24$20.24/sh−20,674$418,442→ 189,734 total
Footnotes (3)
- [F1]Represents shares of JetBlue Airways Corporation (the Company) common stock earned by, and issued to, the Reporting Person upon vesting of Performance Share Units (2013 PSUs) granted on April 8, 2013, based on an absolute Return on Invested Capital (ROIC) goal and a relative ex-Fuel Operating Expenses per Available Seat Mile (CASM) goal, equally weighted, for the performance period from January 1, 2013 through December 31, 2015. Following the conclusion of the three year performance period, the Compensation Committee certified to the performance of the Company relative to these goals for the 2013 PSUs at 134.5%.
- [F2]Represents shares withheld by the Company for taxes, as permitted by the JetBlue Airways Corporation 2011 Incentive Compensation Plan and related award agreement, to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting and settlement of the 2013 PSUs. There was no open market sale of shares by the Reporting Person.
- [F3]Closing market price per share of the Company common stock on the settlement date.
Documents
Issuer
JETBLUE AIRWAYS CORP
CIK 0001158463
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001158463
Filing Metadata
- Form type
- 4
- Filed
- Mar 29, 8:00 PM ET
- Accepted
- Mar 30, 6:10 PM ET
- Size
- 7.1 KB