David M. Davis - 23 Jan 2025 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
President & CFO, Director
Signature
/s/ Rose Neale, attorney-in-fact for David M. Davis
Issuer symbol
SNCY
Transactions as of
23 Jan 2025
Net transactions value
-$721,362
Form type
4
Filing time
27 Jan 2025, 16:21:28 UTC
Previous filing
23 Jan 2025
Next filing
29 Jan 2025
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 $126,495 +23,867 +74% $5.30 56,127 23 Jan 2025 Direct
transaction SNCY Common Stock, par value $0.01 per share Options Exercise $14,193 +2,678 +4.8% $5.30 58,805 23 Jan 2025 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale $448,987 -26,545 -45% $16.91 32,260 23 Jan 2025 Direct F1, F2
transaction SNCY Common Stock, par value $0.01 per share Options Exercise $172,462 +32,540 +101% $5.30 64,800 24 Jan 2025 Direct
transaction SNCY Common Stock, par value $0.01 per share Options Exercise $15,879 +2,996 +4.6% $5.30 67,796 24 Jan 2025 Direct
transaction SNCY Common Stock, par value $0.01 per share Sale $601,404 -35,536 -52% $16.92 32,260 24 Jan 2025 Direct F1, 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 -23,867 -5.1% $0.000000 448,322 23 Jan 2025 Common Stock 23,867 $5.30 Direct F4
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -2,678 -0.6% $0.000000 445,644 23 Jan 2025 Common Stock 2,678 $5.30 Direct F4
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -32,540 -7.3% $0.000000 413,104 24 Jan 2025 Common Stock 32,540 $5.30 Direct F4
transaction SNCY Employee Stock Option (Right to Buy) Options Exercise $0 -2,996 -0.73% $0.000000 410,108 24 Jan 2025 Common Stock 2,996 $5.30 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. The 10b5-1 trading plan was adopted on September 4, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.90 to $17.00, 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 $16.90 to $17.00, 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 Grants may have a graded vesting schedule. Date Exercisable will vary for each vesting tranche.