William Trousdale - Mar 21, 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
VP-Fin. Plan. & Anlys & Treas.
Signature
/s/ Eric M. Levenhagen, attorney-in-fact for William Trousdale
Stock symbol
SNCY
Transactions as of
Mar 21, 2022
Transactions value $
-$470,302
Form type
4
Date filed
3/23/2022, 04:59 PM
Previous filing
Apr 5, 2023
Next filing
Jun 13, 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 Options Exercise $10.3K +1.94K $5.30 1.94K Mar 21, 2022 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale -$47.1K -1.94K -100% $24.29 0 Mar 21, 2022 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 per share Options Exercise $121K +22.8K $5.30 22.8K Mar 22, 2022 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale -$555K -22.8K -100% $24.28 0 Mar 22, 2022 Direct F1, 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 -1.94K -1.96% $0.00 97.2K Mar 21, 2022 Common Stock 1.94K $5.30 Direct F4
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -22.8K -23.5% $0.00 74.4K Mar 22, 2022 Common Stock 22.8K $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 $24.07 to $24.73, 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 $24.00 to $24.54, 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 (2) to this Form 4.
F4 Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche.