Edgar Filing: Maruster Robert Alan

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Maruster Robert Alan

2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2009

3. Issuer Name and Ticker or Trading Symbol
JETBLUE AIRWAYS CORP [JBLU]

(Last)

(First)

(Middle)

JETBLUE AIRWAYS CORPORATION,Â 118-29 QUEENS BOULEVARD

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chief Operating Officer

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

(Street)

FOREST HILLS,Â NYÂ 11375

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	1,534	D	Â

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)
Stock Option (Right to Purchase)	Â ⁽¹⁾	08/17/2015	Common Stock	45,000	$ 12.9133	D	Â
Stock Option (Right to Purchase)	Â ⁽²⁾	05/18/2016	Common Stock	13,500	$ 10.615	D	Â
Stock Option (Right to Purchase)	Â ⁽³⁾	05/16/2017	Common Stock	13,500	$ 10.68	D	Â
Restricted Stock Units	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	19,685	$ ⁽⁵⁾	D	Â
Restricted Stock Units	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	41,389	$ ⁽⁵⁾	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Maruster Robert Alan JETBLUE AIRWAYS CORPORATION 118-29 QUEENS BOULEVARD FOREST HILLS,Â NYÂ 11375	Â	Â	Â Chief Operating Officer	Â

Signatures

/s/ Robert A. Maruster		08/21/2009
^**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)	When granted, the option vested in three equal annual installments commencing on August 17, 2005. The unvested portion of the stock option vested in the Company acceleration of employee-held stock options on December 9, 2005.
(2)	The option vests in three equal annual installments commencing from the grant date of May 18, 2006.
(3)	The option vests in three equal annual installments commencing from the grant date of May 16, 2007.
(4)	The restricted stock units vest in equal annual installments over a three year period measured from the vesting commencement date of February 14, 2008.
(5)	Upon payout, Reporting Person is entitled to receive 1 share of common stock for each 1 restricted stock unit.
(6)	The restricted stock units vest in equal annual installments over a three year period measured from the vesting commencement date of February 19, 2009.

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