Edgar Filing: Romo Tammy

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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3235-0104

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Romo Tammy

2. Date of Event Requiring Statement (Month/Day/Year)
09/20/2012

3. Issuer Name and Ticker or Trading Symbol
SOUTHWEST AIRLINES CO [LUV]

(Last)

(First)

(Middle)

SOUTHWEST AIRLINES CO.,Â 2702 LOVE FIELD DRIVE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
SR VP Finance & CFO

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

DALLAS,Â TXÂ 75235

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 Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	63,777 ⁽¹⁾	D	Â
Common Stock	3,310 ⁽²⁾	I	By ProfitSharing Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy)	Â ⁽³⁾	10/08/2012	Common Stock	1,300	$ 12.12	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	01/02/2013	Common Stock	543	$ 14.03	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	01/23/2013	Common Stock	1,913	$ 13.19	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	01/05/2014	Common Stock	574	$ 15.91	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	01/23/2014	Common Stock	1,913	$ 15.51	D	Â
Employee Stock Option (Right to Buy)	Â ⁽⁴⁾	09/01/2014	Common Stock	26,000	$ 14.75	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	01/20/2015	Common Stock	3,574	$ 14.25	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	12/31/2015	Common Stock	11,037	$ 16.43	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	03/17/2016	Common Stock	10,000	$ 17.53	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	01/31/2018	Common Stock	25,000	$ 12.18	D	Â
Employee Stock Option (Right to Buy)	Â ⁽³⁾	02/01/2019	Common Stock	33,000	$ 6.75	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Romo Tammy SOUTHWEST AIRLINES CO. 2702 LOVE FIELD DRIVE DALLAS,Â TXÂ 75235	Â	Â	Â SR VP Finance & CFO	Â

Signatures

Marilyn R. Post, on behalf of and as attorney-in-fact for Tammy Romo		09/28/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Holdings include 50,310 restricted stock units previously granted pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan, which will entitle the reporting person to one share of common stock for each restricted stock unit that vests. The resticted stock units will vest as follows: 12,993 on May 16, 2013; 4,000 on May 18, 2013; 3,333 on May 19, 2013; 12,992 on May 16, 2014; 4,000 on May 18, 2014; and 12,992 on May 16, 2015.
(2)	Holdings reflect exempt transactions under the Issuer's ProfitSharing Plan.
(3)	The option is currently fully exercisable.
(4)	The option is currently exercisable with respect to 21,600 shares and will become exercisable with respect to the remaining 4,400 shares on September 1, 2013.

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