Form Type: 4

SEC EDGAR Link
Accession Number:0001179110-20-007808
Date:2020-06-24
Issuer: JETBLUE AIRWAYS CORP (JBLU)
Original Submission Date:

Reporting Person:

HAYES ROBIN
C/O JETBLUE AIRWAYS CORPORATION
27-01 QUEENS PLAZA NORTH LONG ISLAND CITY, NY 11101

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-06-24 A 44,280 a $0.00 532,575 direct
COMMON STOCK 2020-06-24 F 21,684 d $10.26 512,194 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
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 (2017 psus) granted on april 12, 2017, based on a relative return on invested capital (roic) goal and a pre-tax margin growth goal, weighted 2/3 for roic and 1/3 for relative pre-tax margin growth, for the performance period from january 1, 2017 through december 31, 2019. 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 2017 psus at 75.1%.
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 2017 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.
f4 reflects the april 30, 2020 purchase of 1,303 shares through the jetblue crewmember stock purchase plan at a price of $ 8.279 (reflecting the plan discount).
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