William Trousdale - Mar 19, 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
VP-Fin. Plan. & Anlys & Treas.
Signature
/s/ Rose Neale, as attorney-in-fact for William Trousdale
Stock symbol
SNCY
Transactions as of
Mar 19, 2022
Transactions value $
-$9,077
Form type
4
Date filed
4/5/2023, 04:15 PM
Previous filing
Feb 22, 2022
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCY Common Stock, par value $0.01 per share Sale -$1.83K -94 -0.59% $19.52 15.8K Apr 3, 2023 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 per share Sale -$2.6K -133 -0.84% $19.52 15.6K Apr 3, 2023 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 per share Sale -$4.65K -238 -1.52% $19.52 15.4K Apr 3, 2023 Direct F1, F2

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 +24.8K +159.74% $0.00 40.3K Mar 19, 2022 Common Stock 24.8K $5.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated to satisfy the tax withholding obligations which are funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2 Since October 3, 2022, the number of shares of common stock owned by the reporting person has been overreported by 485 shares. This error has been corrected in this Form 4.
F3 On November 7, 2018, the reporting person was granted an option to purchase 99,135 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 first installment were met resulting in vesting of the option as to 24,784 shares on March 19, 2022.