ALASKA AIR GROUP INC

CUSIP: 11659109 Class: COM

Welch Group, LLC's Holding History (CIK: 0001443095)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015
Shares 2,000 Value ($000) $132 Avg Close — Range —
Q4 2014
Shares 2,000 Value ($000) $120 Avg Close — Range —