0000766421false00007664212020-05-132020-05-13




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

May 7, 2020
(Date of earliest event reported)

ALASKA AIR GROUP, INC.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

1-8957 91-1292054
(Commission File Number) (IRS Employer Identification No.)

Title of each class Name of each exchange on which registered Ticker Symbol
Common stock, $0.01 par value New York Stock Exchange ALK

19300 International Boulevard Seattle Washington 98188
(Address of Principal Executive Offices) (Zip Code)

(206) 392-5040
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

This document is also available on our website at http://investor.alaskaair.com.


ITEM 5.07. Submission of Matters to a Vote of Security Holders.

(a) Alaska Air Group, Inc.'s (the "Company") Annual Meeting of Stockholders was held on May 7, 2020.

(b) At the Annual Meeting, all 12 director nominees were elected for one-year terms expiring on the date of the Annual Meeting in 2021. The results of the voting with respect to the election of directors were as follows:

Proposal 1. Election of nominees for the Board of Directors:

Board Nominees For Against Abstain Broker Non Votes
Patricia M. Bedient 93,862,564    2,114,581    114,386    13,054,605   
James A. Beer 80,631,909    15,319,378    140,244    13,054,605   
Marion C. Blakey 95,529,703    446,117    115,711    13,054,605   
Raymond L. Conner 95,538,765    415,367    137,399    13,054,605   
Dhiren R. Fonseca 95,599,415    351,490    140,626    13,054,605   
Kathleen T. Hogan 95,551,730    418,849    120,952    13,054,605   
Susan J. Li 95,593,356    366,866    131,309    13,054,605   
Benito Minicucci 94,499,890    1,476,788    114,853    13,054,605   
Helvi K. Sandvik 95,615,463    351,904    124,164    13,054,605   
J. Kenneth Thompson 91,566,732    4,398,182    126,617    13,054,605   
Bradley D. Tilden 93,575,215    2,405,993    110,323    13,054,605   
Eric K. Yeaman 95,413,787    543,733    134,011    13,054,605   

The results of voting on Proposals 2 through 5 were as follows:

Proposal 2.  A board proposal seeking an advisory vote to approve the compensation of the Company’s Named Executive Officers:

Number of Votes
For 93,297,859   
Against 2,550,836   
Abstain 242,836   
Broker Non-votes 13,054,605   

Proposal 3.  A board proposal seeking ratification of the appointment of KPMG LLP as the Company’s independent registered public accountants for fiscal year 2020:

Number of Votes
For 108,178,731
Against 808,562
Abstain 158,843
Broker Non-votes N/A   



Proposal 4. A stockholder proposal regarding the Company's disclosure of political spending:

Number of Votes
For 39,379,387   
Against 54,168,319   
Abstain 2,543,825   
Broker Non-votes 13,054,605   


Proposal 5. A stockholder proposal regarding disclosure of lobbying activities:
Number of Votes
For 48,870,365   
Against 44,657,074   
Abstain 2,564,092   
Broker Non-votes 13,054,605   


Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

ALASKA AIR GROUP, INC.                                                                           
Registrant

Date: May 13, 2020

/s/ Kyle B. Levine                                                                            
Kyle B. Levine
Senior Vice President, Legal, General Counsel and Corporate Secretary

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