Eric M. Levenhagen - 05 Nov 2021 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
Chief Admin. Off., GC & Sec.
Signature
/s/ Rose Neale, as attorney-in-fact for Eric M. Levenhagen
Issuer symbol
SNCY
Transactions as of
05 Nov 2021
Net transactions value
-$1,445,041
Form type
4
Filing time
09 Nov 2021, 20:06:34 UTC
Previous filing
28 Oct 2021
Next filing
20 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCY Common Stock, par value $0.01 Options Exercise $117,618 +22,192 +1660% $5.30 23,529 05 Nov 2021 Direct
transaction SNCY Common Stock, par value $0.01 Options Exercise $164,470 +31,032 +132% $5.30 54,561 05 Nov 2021 Direct
transaction SNCY Common Stock, par value $0.01 Sale $720,264 -22,192 -41% $32.46 32,369 05 Nov 2021 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 Sale $1,006,864 -31,032 -96% $32.45 1,337 05 Nov 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -22,192 -19% $0.000000 93,095 05 Nov 2021 Common Stock 22,192 $5.30 Direct F4
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -31,032 -33% $0.000000 62,063 05 Nov 2021 Common Stock 31,032 $5.30 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.97, inclusive. The reporting person undertakes to provide to Sun Country Airlines Holdings, Inc. ("Sun Country"), any security holder of Sun Country, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.95, inclusive. The reporting person undertakes to provide to Sun Country, any security holder of Sun Country, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 Vest in four annual installments, subject to continued service, beginning April 11, 2019.

Remarks:

Exhibit 24.1: Power of Attorney