William Trousdale - 02 Nov 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
Issuer symbol: SNCY
Transactions as of: 02 Nov 2022
Net transactions value: -$137,000
Form type: 4
Filing time: 04 Nov 2022, 18:30:23 UTC
Previous filing: 17 Oct 2022
Next filing: 06 Jan 2023
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	$53,000	+10,000	+122%	$5.30	18,208	02 Nov 2022	Direct
transaction	SNCY	Common Stock, par value $0.01 per share	Sale	$190,000	-10,000	-55%	$19.00	8,208	02 Nov 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	-10,000	-44%	$0.000000	12,951	02 Nov 2022	Common Stock	10,000	$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.