Eric M. Levenhagen - 19 Apr 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
Chief Admin. Off., GC & Sec.
Signature
Rose Neale, as attorney-in-fact for Eric M. Levenhagen
Issuer symbol
SNCY
Transactions as of
19 Apr 2022
Net transactions value
-$1,325,524
Form type
4
Filing time
21 Apr 2022, 16:52:27 UTC
Previous filing
20 Apr 2022
Next filing
13 Jun 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 $155,264 +29,295 +2191% $5.30 30,632 19 Apr 2022 Direct
transaction SNCY Common Stock, par value $0.01 per share Options Exercise $159,286 +30,054 +98% $5.30 60,686 19 Apr 2022 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale $1,640,074 -59,349 -98% $27.63 1,337 19 Apr 2022 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) Options Exercise $0 -29,295 -14% $0.000000 178,765 19 Apr 2022 Common Stock 29,295 $5.30 Direct F1, F3
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -30,054 -17% $0.000000 148,711 19 Apr 2022 Common Stock 30,054 $5.30 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain 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 $27.50 to $27.84, 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 Grants may have a graded vesting schedule. Date Exercisable will vary for each vesting tranche.