Gregory Lewis Brown - Dec 4, 2024 Form 4 Insider Report for Spirit AeroSystems Holdings, Inc. (SPR)

Signature
/s/ David Myers, Attorney-in-Fact
Stock symbol
SPR
Transactions as of
Dec 4, 2024
Transactions value $
-$117,102
Form type
4
Date filed
12/6/2024, 01:32 PM
Previous filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPR Class A Common Stock Options Exercise +8.01K 8.01K Dec 4, 2024 Direct F1, F2
transaction SPR Class A Common Stock Tax liability -$117K -3.56K -44.36% $32.94 4.46K Dec 4, 2024 Direct

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 SPR Restricted Stock Units Options Exercise $0 -8.01K -33.34% $0.00 16K Dec 4, 2024 Class A Common Stock 8.01K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the accelerated vesting of time-based restricted stock unit awards that were otherwise scheduled to vest in 2025 for the purpose of reducing or eliminating the excise tax imposed under Section 280G and Section 4999 of the Internal Revenue Code of 1986, as amended, that would be imposed on amounts payable to the reporting person in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated June 30, 2024, among Spirit AeroSystems Holdings, Inc., The Boeing Company and Sphere Acquisition Corp.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 On March 18, 2024, the reporting person was granted 6,869 restricted stock units, vesting in three annual installments beginning on February 9, 2025.
F4 On March 18, 2024, the reporting person was granted 17,171 restricted stock units, vesting in three annual installments beginning on April 15, 2025.