Grant Whitney - 27 Dec 2021 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
Chief Revenue Officer & EVP
Signature
/s/ Eric Levenhagen, as attorney-in-fact for Grant Whitney
Issuer symbol
SNCY
Transactions as of
27 Dec 2021
Net transactions value
-$158,302
Form type
4
Filing time
29 Dec 2021, 16:18:38 UTC
Previous filing
27 Dec 2021
Next filing
11 Feb 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 per share Options Exercise $37,487 +7,073 +529% $5.30 8,410 27 Dec 2021 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale $111,876 -4,106 -49% $27.25 4,304 27 Dec 2021 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 per share Sale $83,913 -2,967 -69% $28.28 1,337 27 Dec 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 -7,073 -8.1% $0.000000 80,508 27 Dec 2021 Common Stock 7,073 $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 $27.00 to $27.97, 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 $28.00 to 28.53, 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 (3) to this Form 4.
F4 Vest in four annual installments, subject to continued service, beginning May 20, 2020.