Grant Whitney - 21 Sep 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
Chief Revenue Officer & EVP
Signature
/s/ Rose Neale, as attorney-in-fact for Grant Whitney
Issuer symbol
SNCY
Transactions as of
21 Sep 2022
Net transactions value
+$65,683
Form type
4
Filing time
23 Sep 2022, 17:39:45 UTC
Previous filing
13 Jun 2022
Next filing
05 Oct 2022
SEC
View on sec.gov

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 $65,683 +12,393 +12% $5.30 118,050 21 Sep 2022 Common Stock 12,393 $5.30 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 31, 2019, the reporting person was granted an option to purchase 165,232 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 partial vesting of the option as to 12,393 shares on September 19,2022.
F2 Vest in four annual installments, subject to continued service, beginning May 20, 2020.