As of September 21, 2007, Southwest Airlines participates in the Direct Registration System (“DRS”) as mandated by the New York Stock Exchange.
What is Direct Registration?
Direct Registration is a method of recording shares of Southwest Airlines Co. stock in electronic book-entry form. Book-entry means that your shares are registered in your name on the stock record books of Southwest Airlines Co. without the need for a paper stock certificate. Shares held in electronic book-entry form have all the traditional rights and privileges as shares held in paper stock certificate form. Effective September 21, 2007, the default for all issuances and transfers of Southwest Airlines stock will be electronic book-entry form, unless a paper stock certificate is requested. There is no cost to you to maintain your ownership this way.
Why is Southwest Airlines participating in Direct Registration?
The New York Stock Exchange has adopted rule changes which mandate that all listed companies participate in the Direct Registration System (“DRS”). Direct Registration supports the U.S. securities industry’s overall direction towards book-entry share ownership in anticipation of shortened settlement cycles.
Who do I contact with questions?
For common questions and answers in regards to Direct Registration, please review the Direct Registration System Q&A. For further questions or information, you may contact our Transfer Agent:
Wells Fargo Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Toll-Free: (866) 877-6206
International: (651) 450-4064
Fax: (651) 450-4033