Sec Form 4 Filing - Jordan Robert E @ SOUTHWEST AIRLINES CO - 2013-10-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Jordan Robert E
2. Issuer Name and Ticker or Trading Symbol
SOUTHWEST AIRLINES CO [ LUV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Chief Commercial Officer
(Last) (First) (Middle)
SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
10/30/2013
(Street)
DALLAS, TX75235-1908
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/30/2013 M 8,800 A $ 15.51 271,368 D
Common Stock 10/30/2013 M 65,000 A $ 12.18 336,368 D
Common Stock 10/30/2013 M 80,000 A $ 6.75 416,368 D
Common Stock 10/30/2013 S 2,400 D $ 17.02 413,968 D
Common Stock 10/30/2013 S 21,683 D $ 17.025 392,285 D
Common Stock 10/30/2013 S 1,600 D $ 17.028 390,685 D
Common Stock 10/30/2013 S 8,084 D $ 17.03 382,601 D
Common stock 10/30/2013 S 2,100 D $ 17.031 380,501 D
Common Stock 10/30/2013 S 2,550 D $ 17.032 377,951 D
Common Stock 10/30/2013 S 12,716 D $ 17.035 365,235 D
Common Stock 10/30/2013 S 600 D $ 17.038 364,635 D
Common Stock 10/30/2013 S 15,426 D $ 17.04 349,209 D
Common Stock 10/30/2013 S 12,500 D $ 17.041 336,709 D
Common Stock 10/30/2013 S 13,895 D $ 17.042 322,814 D
Common Stock 10/30/2013 S 56,000 D $ 17.045 266,814 D
Common Stock 10/30/2013 S 100 D $ 17.049 266,714 D
Common Stock 10/30/2013 S 1,846 D $ 17.05 264,868 D
Common Stock 10/30/2013 S 2,300 D $ 17.055 262,568 D
Common Stock 9,438 I By ProfitSharing Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 15.51 10/30/2013 M 8,800 ( 1 ) 01/23/2014 Common Stock 8,800 $ 0 0 D
Employee Stock Option (right to buy) $ 12.18 10/30/2013 M 65,000 ( 1 ) 01/31/2018 Common Stock 65,000 $ 0 0 D
Employee Stock Option (right to buy) $ 6.75 10/30/2013 M 80,000 ( 1 ) 02/01/2019 Common Stock 80,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jordan Robert E
SOUTHWEST AIRLINES CO.
2702 LOVE FIELD DRIVE
DALLAS, TX75235-1908
EVP, Chief Commercial Officer
Signatures
/s/ Marilyn R. Post on behalf of and as attorney in fact for Robert E. Jordan 11/01/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option was 100% vested at the time of exercise.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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