Alaska Airlines and Horizon Air 2014 Annual Report Download - page 72

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Mr. Minicucci – 6,900 on 2/14/15 and 6,900 on 2/14/16; Mr. Harrison – 1,940 on 2/14/15 and 1,940 on
2/14/16; Mr. Sprague – 1,948 on 2/14/15 and 1,952 on 2/14/16; Mr. Johnson – 5,600 on 2/14/15 and
5,600 on 2/14/16; and Mr. Loveless – 3,640 on 2/14/15 and 3,640 on 2/14/16.
(4) Mr. Tilden’s 2/14/12 performance stock unit award includes an award of 45,460 additional performance
stock units in connection with his election to CEO. The units will vest based on the goals set for the three-
year performance period ending 12/31/14.
(5) 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 2/7/12 will vest
based on the goals set for a three-year performance period ending 12/31/14; the performance stock units
granted on 2/11/13 will vest based on the goals set for a three-year performance period ending 12/31/15;
and the performance stock units granted on 2/11/14 will vest based on the goals set for a three-year
performance period ending 12/31/16.
(6) The RSUs awarded on 2/11/13 will become fully vested on 2/11/16 with the exception of Mr. Johnson
whose RSUs became fully vested on 3/1/15 and Mr. Loveless whose RSUs will become fully vested on
4/2/15. The unvested options under the 2/11/13 grant will become vested as follows: Mr. Tilden –9,476 on
2/11/15, 9,474 on 2/11/16 and 9,476 on 2/11/17; Mr. Pedersen – 3,346 on 2/11/15, 3,344 on
2/11/16 and 3,346 on 2/11/17; Mr. Minicucci – 4,980 on 2/11/15, 4,980 on 2/11/16 and 4,980 on
2/11/17; Mr. Harrison – 1,396 on 2/11/15, 1,394 on 2/11/16 and 1,396 on 2/11/17 ; Mr. Sprague –
1,380 on 2/11/15, 1,380 on 2/11/16 and 1,380 on 2/11/17 ; Mr. Johnson – 4,980 on 2/11/15, 4,980
on 2/11/16 and 4,890 on 2/11/17; and Mr. Loveless – 4,980 on 2/11/15, 4,980 on 2/11/16 and 4,980
on 2/11/17.
(7) The RSUs awarded on 2/11/14 will become fully vested on 2/11/17 with the exception of Mr. Johnson
whose RSUs became fully vested on 3/1/15 and Mr. Loveless whose RSUs will become fully vested on
4/2/15. The unvested options under the 2/11/14 grant will become vested as follows: Mr. Tilden –5,450 on
2/11/15, 5,450 on 2/11/16, 5,450 on 2/11/17 and 5,450 on 2/11/18; Mr. Pedersen – 2,444 on
2/11/15, 2,446 on 2/11/16, 2,444 on 2/11/17 and 2,446 on 2/11/18; Mr. Minicucci – 3,050 on
2/11/15, 3,050 on 2/11/16, 3,050 on 2/11/17 and 3,050 on 2/11/18; Mr. Harrison – 840 on 2/11/15,
840 on 2/11/16, 840 on 2/11/17 and 840 on 2/11/18; Mr. Sprague – 840 on 2/11/15, 840 on
2/11/16, 840 on 2/11/17 and 840 on 2/11/18; Mr. Johnson – 2,950 on 2/11/15, 2,950 on 2/11/16
and 2,950 on 2/11/17; and Mr. Loveless – 2,954 on 2/11/15, 2,956 on 2/11/16 and 2,954 on 2/11/17.
(8) The RSUs awarded on 11/7/12 will become fully vested on 11/7/15 with the exception of Mr. Johnson
whose RSUs became fully vested on 3/1/15 and Mr. Loveless whose RSUs will become fully vested on
4/2/15. Mr. Loveless’s unvested options under the 11/7/12 grant will become vested as follows 3,864 on
11/7/15, and 3,866 on 11/7/16.
(9) Mr. Pedersen’s 2/11/13 performance stock unit award includes 26,000 additional stock units in connection
with an incentive grant based on the accomplishment of specific operational and financial goals. The units will
vest based on the goals set for the three-year performance period ending 12/31/15.
(10) The RSUs awarded on 5/12/14 will become fully vested on 5/12/17. The unvested options under the
5/12/14 grant will become vested as follows: Mr. Pedersen – 664 on 5/12/15, 664 on 5/12/16, 664 on
5/12/17 and 666 on 5/12/18; Mr. Minicucci – 1,114 on 5/12/15, 1,116 on 5/12/16, 1,114 on 5/12/17,
and 1,116 on 5/12/18; Mr. Harrison – 750 on 5/12/15, 750 on 5/12/16, 750 on 5/12/17, and 750 on
5/12/17; Mr. Sprague – 704 on 5/12/15, 706 on 5/12/16, 704 on 5/12/17, and 706 on 5/12/18.
60 EXECUTIVE COMPENSATION