Eric M. Levenhagen - 02 Nov 2022 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
Chief Human Resources Office
Signature
/s/ Rose Neale, as attorney-in-fact for Eric M. Levenhagen
Issuer symbol
SNCY
Transactions as of
02 Nov 2022
Net transactions value
-$198,159
Form type
4
Filing time
04 Nov 2022, 18:32:31 UTC
Previous filing
05 Oct 2022
Next filing
04 Nov 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 $76,309 +14,398 +352% $5.30 18,484 02 Nov 2022 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale $248,085 -13,053 -71% $19.01 5,431 02 Nov 2022 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 per share Sale $26,384 -1,345 -25% $19.62 4,086 02 Nov 2022 Direct 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 -14,398 -97% $0.000000 475 02 Nov 2022 Common Stock 14,398 $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 $18.50 to $19.49 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 $19.50 to $20.00, 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 (3) to this Form 4.
F4 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.