Alaska Airlines and Horizon Air 2009 Annual Report Download - page 66

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Executive Officer’s employment terminates
due to the officer’s retirement, the restricted
stock units, other than Mr. Ayer’s retention
awards, will vest upon the retirement date.
(See the description of “Options” above for
the definition of “retirement.”) Unless
otherwise provided by the Board of
Directors, the restricted stock units will also
generally become fully vested upon a change
in control of the Company.
The restricted stock units granted to Named
Executive Officers during 2009 do not
include any dividend rights.
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
The following table presents information regarding the outstanding equity awards held by each
of the Named Executive Officers as of December 31, 2009, including the vesting dates for the
portions of these awards that had not vested as of that date.
Option Awards Stock Awards
Name
(a)
Option
Grant/
Award
Date
(b)
Number of
Securities
Underlying
Unexercised
Options
Exercisable
(#)
(c)
Number of
Securities
Underlying
Unexercised
Options
Unexercisable
(#)
(d)
Option
Exercise
Price
($)
(e)
Option
Expiration
Date
(f)
Number
of Shares
or Units of
Stock
That Have
Not Vested
(#)
(g)
Market
Value of
Shares
or Units
of Stock
That
Have
Not
Vested
($)(1)
(h)
Equity
Incentive
Plan
Awards:
Number
of
Unearned
Shares,
Units, or
Other
Rights
That
Have Not
Vested
(#)
(i)
Equity
Incentive
Plan
Awards:
Market
or
Payout
Value of
Unearned
Shares,
Units or
Other
Rights
That
Have Not
Vested
($)(1)
(j)
William S. Ayer 1/30/01 41,900 0 31.80 1/30/11 0 0 0 0
11/12/01 39,000 0 25.20 11/12/11 0 0 0 0
1/30/02 75,000 0 30.89 1/30/12 0 0 0 0
5/31/02 75,000 0 27.85 5/31/12 0 0 0 0
2/11/03 55,000 0 18.76 2/11/13 0 0 0 0
3/1/04 30,700 0 26.10 3/1/14 0 0 0 0
11/17/04 20,000 0 28.85 11/17/14 0 0 0 0
8/30/05 46,100 0 32.96 8/30/15 0 0 0 0
9/13/06 27,975 9,325(2) 37.96 9/13/16 0 0 0 0
1/31/07 11,900 11,900(3) 42.85 1/31/17 5,200(3) 179,712 0 0
2/8/08 13,200 39,600(7) 27.49 2/8/18 11,625(7) 401,760 22,100(8) 763,776
1/29/09 0 51,300(11) 27.56 1/29/2019 24,125(11) 833,760 0 0
1/29/09 0 68,338(12) 27.56 1/29/2019 32,108(12) 1,109,652 0 0
Totals: 435,775 180,463 73,058 2,524,884 22,100 763,776
Bradley D. Tilden 1/30/01 13,000 0 31.80 1/30/11 0 0 0 0
11/12/01 15,600 0 25.20 11/12/11 0 0 0 0
5/31/02 30,000 0 27.85 5/31/12 0 0 0 0
2/11/03 15,000 0 18.76 2/11/13 0 0 0 0
3/1/04 12,900 0 26.10 3/1/14 0 0 0 0
8/30/05 12,900 0 32.96 8/30/15 0 0 0 0
9/13/06 8,662 2,888(2) 37.96 9/13/16 0 0 0 0
1/31/07 6,150 6,150(3) 42.85 1/31/17 3,200(3) 110,592 0 0
6/14/07 3,850 3,850(4) 27.40 6/14/17 0 0 0 0
2/8/08 6,850 20,550(7) 27.49 2/8/18 6,300(7) 217,728 11,500(8) 397,440
1/29/09 0 42,138(11) 27.56 1/29/2019 19,744(11) 682,353 0 0
Totals: 124,912 75,576 29,244 1,010,673 11,500 397,440
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