JETBLUE AIRWAYS CORP
9.52%
33,621,735
1158463
477143101
Feb 17, 2025
Feb 19, 2025, 05:00 PM
Reporting Persons (11)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Carl C. Icahn | Individual | 9.52% | 33,621,735 | 0 | 33,621,735 |
| Icahn Capital LP | Partnership | 9.52% | 33,621,735 | 0 | 33,621,735 |
| IPH GP LLC | Other | 9.52% | 33,621,735 | 0 | 33,621,735 |
| Icahn Enterprises Holdings L.P. | Partnership | 9.52% | 33,621,735 | 0 | 33,621,735 |
| Icahn Enterprises G.P. Inc. | CO | 9.52% | 33,621,735 | 0 | 33,621,735 |
| Beckton Corp. | CO | 9.52% | 33,621,735 | 0 | 33,621,735 |
| Icahn Partners LP | Partnership | 5.55% | 19,591,507 | 19,591,507 | 19,591,507 |
| Icahn Onshore LP | Partnership | 5.55% | 19,591,507 | 0 | 19,591,507 |
| Icahn Offshore LP | Partnership | 3.97% | 14,030,228 | 0 | 14,030,228 |
| Icahn Partners Master Fund LP | Partnership | 3.97% | 14,030,128 | 14,030,128 | 14,030,228 |
| 560 State Street LLC | Other | 1.00% | 100 | 100 | 100 |
Disclosure Items (3)
Common Stock, par value $0.01 per share
JETBLUE AIRWAYS CORP
As of February 18, 2025, the Reporting Persons may be deemed to beneficially own, in the aggregate, 33,621,735 shares of Common Stock, representing approximately 9.52% of the Issuer's outstanding shares of Common Stock, based on 353,001,047 shares of Common Stock outstanding as of January 31, 2025, as disclosed by the Issuer in its Form 10-K for the year ended December 31, 2024.
Icahn Master has sole voting and sole dispositive power with regard to 14,030,128 shares of Common Stock. Each of Icahn Offshore, Icahn Capital, IPH GP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their relationships to Icahn Master, has shared voting power and shared dispositive power with regard to such shares of Common Stock. Icahn Partners has sole voting and sole dispositive power with regard to 19,591,507 shares of Common Stock. Each of Icahn Onshore, Icahn Capital, IPH GP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their relationships to Icahn Partners, has shared voting power and shared dispositive power with regard to such shares of Common Stock. State Street has sole voting power and sole dispositive power and shared and shared dispositive power with respect to 100 shares of Common Stock. Each of Icahn Offshore, Icahn Capital, IPH GP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton, Icahn Master and Mr. Icahn, by virtue of their relationships to State Street, has shared voting power and shared dispositive power with regard to such shares of Common Stock.
Except as set forth in the following sentence, none of the Reporting Persons have effected any transactions with respect to the shares of Common Stock during the past sixty (60) days. On February 18, 2025, each of Icahn Master and Icahn Partners exercised Forwards that were previously entered into between February 1, 2024 and February 12, 2024, at an exercise price of $4.25 per share, which resulted in the physical settlement of an aggregate of 15,894,706 shares of Common Stock.
Between February 1, 2024 and February 12, 2024, certain of the Reporting Persons entered into Forwards providing for the purchase by such Reporting Persons of an aggregate of 15,894,706 shares of Common Stock at an exercise price of $4.25 per share. On February 18, 2025, the Reporting Persons exercised all of the Forwards and acquired an aggregate of 15,894,706 shares of Common Stock.