JetBlue COO exercises 33,244 RSUs, shares withheld for tax
JetBlue Airways Chief Operating Officer Christie Warren reported equity compensation activity involving restricted stock units and common stock.
Rhea-AI Filing Summary
JetBlue Airways Chief Operating Officer Christie Warren reported equity compensation activity involving restricted stock units and common stock. On February 20, she exercised or converted 33,244 restricted stock units into 33,244 shares of common stock at a stated price of $0.00 per share. In a related transaction the same day, 8,481 shares of common stock, valued at $5.91 per share, were automatically withheld and returned to JetBlue to satisfy tax obligations upon RSU vesting, as described in company policy. After these transactions, Warren directly owned 180,258 shares of JetBlue common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 33,244 | $0.00 | $0.00 |
| Exercise | Common Stock | 33,244 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,481 | $5.91 | $50K |
Footnotes (3)
- F1. Upon vesting, the Reporting Person is entitled to receive one share of common stock for each restricted stock unit.
- F2. These shares were automatically withheld and returned to JetBlue to cover tax obligations upon RSU vesting, in accordance with JetBlue policy for all RSU vesting of RSU eligible employees in the United States.
- F3. The restricted stock units vest in equal annual installments over a three year period, measured from the vesting commencement date of February 22, 2024.
FAQ
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