Alaska Airlines and Horizon Air 2014 Annual Report Download - page 81

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Total shares beneficially owned reported for non-employee directors also include underlying common shares to
be issued upon the director’s resignation from the Board in connection with deferred stock units granted as
part of their annual compensation. The aggregate number of deferred stock units granted to date: Ms. Bedient,
22,914; Ms. Blakey, 9,692; Ms. Campbell, 21,344; Mr. Knight, 21,344; Mr. Madsen, 22,914; Ms. Sandvik,
1,582; Mr. Thompson, 21,344; and Mr. Yeaman, 2,690.
(3) We determined applicable percentage ownership based on 130,869,463 shares of the Company’s common
stock outstanding as of March 18, 2015.
5% or More Beneficial Owners
The table below identifies those persons known by us to have beneficial ownership of more than 5% of
the Company’s outstanding common stock, as of March 18, 2015.
Beneficial Owner
Name and Address
Number of
Shares Owned
Percent of
Outstanding Shares (1)
Blackrock, Inc. (2) 9,269,396 7.08%
55 East 52nd Street
New York, New York 10022
The Vanguard Group (3) 8,851,920 6.68%
100 Vanguard Blvd.
Malvern, Pennsylvania
Renaissance Technologies LLC (4) 7,811,600 5.97%
800 Third Avenue
New York, New York 10022
PRIMECAP Management Company (5) 7,196,526 5.49%
225 South Lake Ave. #400
Pasadena, California 91101
(1) We determine applicable percentage ownership based on more than 68,825,259 shares of the Company’s
common stock outstanding as of March 18, 2014.
(2) A Schedule 13G/A filed on January 12, 2015 by BlackRock, Inc. reported sole voting power over 8,863,044
shares and sole dispositive power over all 9,269,396 shares.
(3) A Schedule 13G/A filed on February 9, 2015 by The Vanguard Group reported sole voting power over 81,172
shares, sole dispositive power over 8,773,748 shares and shared dispositive power over 78,172 shares.
(4) A Schedule 13G/A filed on February 12, 2015 by Renaissance Technologies LLC reported sole voting and
dispositive power over all 7,811,600 shares.
(5) A Schedule 13G/A filed on February 10, 2015 by PRIMECAP Management Company reported sole voting power
over 867,600 shares and sole dispositive power over all 7,196,526 shares.
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16(a) of the Exchange Act requires the Company’s directors and certain of its officers to send
reports of their ownership of Company common stock and changes in such ownership to the SEC and
the NYSE. The Company assists its directors and officers by preparing forms for filing. SEC regulations
also require the Company to identify in this Proxy Statement any person subject to this requirement who
failed to file a report on a timely basis. Based on a review of copies of reports furnished to the
Company and written representations that no other reports were required, the Company believes that
everyone subject to Section 16(a) filed the required reports on a timely basis during 2014.
ŠProxy
SECURITIES OWNERSHIP 69