Alaska Airlines and Horizon Air 2013 Annual Report Download - page 74

EXECUTIVE COMPENSATION
OUTSTANDING EQUITY AWARDS AT 2013 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, 2013, including the vesting dates for the
portions of these awards that had not vested as of that date.
Option Awards Stock Awards
Name
(a)
Award
Date
(b)
Number of
Securities
Underlying
Unexer-
cised
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)
Bradley D. Tilden 1/31/07 24,600 — 21.425 1/31/17
2/3/10 22,800 7,600 16.630 2/3/20
2/7/11 10,200 10,200 (3) 30.650 2/7/21 10,600 (3) 777,722 10,600 (2) 777,722
2/14/12 5,550 16,650 (4) 38.000 2/14/22 11,200 (4) 821,744 56,660 (5) 4,157,144
2/11/13 — 18,950 (8) 48.800 2/11/23 9,190 (8) 674,270 9,190 674,270
Brandon S. Pedersen 1/29/09 6,000 — 13.780 1/29/19
2/3/10 3,840 1,280 16.630 2/3/20
2/7/11 2,760 2,760 (3) 30.650 2/7/21 2,880 (3) 211,306 2,880 (2) 211,306
2/14/12 1,824 5,476 (4) 38.000 2/14/22 3,700 (4) 271,469 3,700 (2) 271,469
2/11/13 — 6,690 (8) 48.800 2/11/23 3,250 (8) 238,453 16,250 (2)(7) 1,192,263
Glenn S. Johnson 2/3/10 — 4,900 16.630 2/3/20
2/7/11 — 6,500 (3) 30.650 2/7/21 6,800 (3) 498,916 6,800 (2) 498,196
2/14/12 — 8,400 (4) 38.000 2/14/22 5,600 (4) 410,872 5,600 (2) 410,872
11/7/12 840 (6) 61,631
2/11/13 — 9,960 (8) 48.800 2/11/23 4,830 (8) 354,377 4,830 (2) 354,377
Benito Minicucci 2/3/10 — 4,650 16.630 2/3/20
2/7/11 — 7,800 (3) 30.650 2/7/21 8,000 (3) 586,960 8,000 (2) 586,960
2/14/12 — 10,350 (4) 38.000 2/14/22 7,000 (4) 513,590 7,000 (2) 513,590
2/11/13 — 9,960 (8) 48.800 2/11/23 4,830 (8) 354,377 4,830 (2) 354,377
Keith Loveless 2/3/10 — 2,440 16.630 2/3/20
2/7/11 — 3,390 (3) 30.650 2/7/21 3,540 (3) 259,730 3,540 (2) 259,730
2/14/12 1,820 5,460 (4) 38.000 2/14/22 3,700 (4) 271,469 3,700 (2) 271,469
11/7/12 1,932 5,798 (6) 40.450 11/7/22 4,670 (6) 342,638
2/11/13 — 9,960 (8) 48.800 2/11/23 4,830 (8) 354,377 4,830 (2) 354,377
(1) The dollar amounts shown in Column (h) and Column (j) are determined by multiplying the number of shares or
units reported in Column (g) and Column (i), respectively, by $73.37 (the closing price of Air Group stock on
12/31/13).
(2) The performance stock units reported in Column (i) are eligible to vest based on the Company’s performance
over a three-year period as described in the Compensation Discussion and Analysis above and in footnote
(1) to the Summary Compensation Table above. The performance stock units granted on 2/7/11 will vest
based on the goals set for a three-year performance period ending 12/31/13; the performance stock units
granted on 2/7/12 will vest based on the goals set for a three-year performance period ending 12/31/14; and
the performance stock units granted on 2/11/13 will vested based on the goals set for a three-year
performance period ending 12/31/15.
(3) The RSUs awarded on 2/7/11 will become fully vested on 2/7/14. The unvested options under the 2/7/11
grant will become vested as follows: Mr. Tilden — 5,100 on 2/7/14 and 5,100 on 2/7/15; Mr. Pedersen —
1,380 on 2/7/14 and 1,380 on 2/7/15; Mr. Johnson — 3,250 on 2/7/14 and 3,250 on 2/7/15;
Mr. Minicucci — 3,900 on 2/7/14 and 3,900 on 2/7/15; and Mr. Loveless — 1,694 on 2/7/14 and 1,696
on 2/7/15.
(4) The RSUs awarded on 2/14/12 will become fully vested on 2/14/15. The unvested options under the
2/14/12 grant will become vested as follows: Mr. Tilden — 5,550 on 2/14/14, 5,550 on 2/14/15, and
5,550 on 2/14/16; Mr. Pedersen — 1,826 on 2/14/14, 1,824 on 2/14/15, and 1,826 on 2/14/16;
ŠProxy
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