Brian Edward Davis - 01 May 2023 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role: Chief Marketing Officer & SVP
Signature: /s/ Rose Neale, as attorney-in-fact for Brian Davis
Issuer symbol: SNCY
Transactions as of: 01 May 2023
Net transactions value: -$314,242
Form type: 4
Filing time: 03 May 2023, 15:27:16 UTC
Previous filing: 05 Apr 2023
Next filing: 09 May 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	$110,394	+20,829	+132%	$5.30	36,604	01 May 2023	Direct
transaction	SNCY	Common Stock, par value $0.01 per share	Sale	$424,636	-22,155	-61%	$19.17	14,449	01 May 2023	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	-20,829	-18%	$0.000000	95,462	01 May 2023	Common Stock	20,829	$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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.73 to $19.25, 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 (1) to this Form 4.
F2	Vest in four annual installments, subject to continued service, beginning November 7, 2018.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.73 to $19.25, 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 (1) to this Form 4.

Vest in four annual installments, subject to continued service, beginning November 7, 2018.