Key facts
- This page summarizes Jude Bricker's Form 4 filing for Sun Country Airlines Holdings, Inc. (SNCY).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Jul 2023, 17:36.
Jude Bricker - 30 Jun 2023 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- SNCY
- Reported as of
- 30 Jun 2023
- Net transaction value
- -$142,848
- SEC form
- 4
- Accepted by SEC
- 05 Jul 2023, 17:36:43 UTC
- Prior SEC filing
- 16 Jun 2023
- Next SEC filing
- 14 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Rose Neale, attorney-in-fact for Jude Bricker
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Jude Bricker filed Form 4 for Sun Country Airlines Holdings, Inc. (SNCY) on 05 Jul 2023.
Change
- Previous filing in this sequence was filed on 16 Jun 2023.
- Current net transaction value: -$142,848.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SNCY
transaction
Common Stock, par value $0.01 per share
Sale
- Transaction value
- $142,848
- Shares
- -6,366
- Change %
- -7.7%
- Price
- $22.44
- Shares after
- 76,691
- Date
- 03 Jul 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SNCY
transaction
Derivative
Employee Stock Option (Right to Buy)
Award
- Transaction value
- $0
- Shares
- +542,299
- Change %
- +60%
- Price
- $0.000000
- Shares after
- 1,449,279
- Date
- 30 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 542,299
- Exercise price
- $5.30
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated to satisfy the tax withholding obligations which are funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
Footnote F2
On November 21, 2018, the reporting person was granted an option to purchase 991,409 shares of common stock. Upon a change in control, the option vests 33% if the Company's private equity investors achieve a MOIC of at least 3.0x, and 100% if the company's private equity investors achieve a MOIC of at least 5.0x, with vesting with respect to achievement in between 3.0x and 5.0x subject to linear interpolation. If a change in control has not occurred by certain measurement dates following the Company's initial public offering, the unvested portion of the option may be eligible to vest based on achievement of certain performance criteria. On June 16, 2023, a change in control occurred and vesting of the option as to 27,760 shares occurred on that date. On June 29, 2023, the Company's Compensation Committee determined pursuant to the award agreement that the performance criteria for the final installment were met, resulting in vesting as to an additional 542,299 shares on June 30, 2023.