SkyWest Airlines 2010 Annual Report Download - page 121

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Proxy Statement for the
Annual Meeting of Shareholders of
SKYWEST, INC.
To Be Held on Tuesday, May 3, 2011
TABLE OF CONTENTS
Page
Overview ................................................................ 1
Proposal 1—Election of Directors .............................................. 4
Executive Officers .......................................................... 14
Corporate Governance ...................................................... 14
Meetings and Committees of the Board .......................................... 18
Compensation Discussion and Analysis ........................................... 21
Compensation Committee Report .............................................. 30
Summary Compensation Table ................................................. 31
Grants of Plan-Based Awards for 2010 ........................................... 33
Outstanding Equity Awards at Year-End .......................................... 34
Option Exercises and Stock Vested .............................................. 35
Non-Qualified Deferred Compensation for 2010 .................................... 35
Potential Payments Upon Termination or Change in Control ........................... 37
Director Compensation ...................................................... 38
Director Summary Compensation Table for 2010 .................................... 39
Security Ownership of Certain Beneficial Owners ................................... 40
Proposal 2—Advisory Vote on Executive Compensation ............................... 41
Proposal 3—Advisory Vote on the Frequency of Future Votes on Executive Compensation ..... 42
Proposal 4—Ratification of Appointment of Independent Registered Public Accounting Firm . . . 43
Audit & Finance Committee Disclosure .......................................... 43
Fees Paid to Independent Registered Public Accounting Firm .......................... 46
Report of the Audit & Finance Committee ........................................ 47
Proposal 5—Shareholder Proposal Requesting the Board to take Actions to Adopt a Majority
Vote Standard for the Election of Directors ...................................... 48
Section 16(a) Beneficial Ownership Reporting Compliance ............................ 50
Shareholder Proposals for the 2012 Annual Meeting of Shareholders ..................... 50
Delivery of Documents to Shareholders Sharing an Address ........................... 50
Other Business ............................................................ 51
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