William Trousdale - Nov 2, 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
VP-Fin. Plan. & Anlys & Treas.
Signature
/s/ Rose Neale, attorney-in-fact for William Trousdale
Stock symbol
SNCY
Transactions as of
Nov 2, 2022
Transactions value $
-$137,000
Form type
4
Date filed
11/4/2022, 06:30 PM
Previous filing
Oct 17, 2022
Next filing
Jan 6, 2023

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 $53K +10K +121.83% $5.30 18.2K Nov 2, 2022 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale -$190K -10K -54.92% $19.00 8.21K Nov 2, 2022 Direct F1

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 -10K -43.57% $0.00 13K Nov 2, 2022 Common Stock 10K $5.30 Direct F2
* 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 On November 7, 2018, the reporting person was granted an option to purchase 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 on September 19, 2022.