Brian Davis - Sep 19, 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
Chief Marketing Officer & SVP
Signature
/s/ Rose Neale, as attorney-in-fact for Brian Edward Davis
Stock symbol
SNCY
Transactions as of
Sep 19, 2022
Transactions value $
$0
Form type
4
Date filed
3/22/2023, 05:47 PM
Previous filing
Jun 13, 2022
Next filing
Oct 5, 2022

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) Award $0 +14.9K +13.21% $0.00 127K Sep 19, 2022 Common Stock 14.9K $5.30 Direct F1
transaction SNCY Employee Stock Option (Right to Buy) Award $0 +19.8K +20.56% $0.00 116K Mar 20, 2023 Common Stock 19.8K $5.30 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 21, 2018, the reporting person was granted an option to purchase 198,281 shares of common stock. The option vests in six installments based on Sun Country's satisfaction of certain performance criteria. The performance criteria for the second installment were met resulting in vesting of the option as to 14,872 shares on September 19, 2022.
F2 On November 21, 2018, the reporting person was granted an option to purchase 198,281 shares of common stock. The option vests in six installments based on Sun Country's satisfaction of certain performance criteria. The performance criteria for the third installment were met resulting in vesting of the option as to 19,829 shares on March 20, 2023.