David M. Davis - Apr 28, 2025 Form 3 Insider Report for Spirit Aviation Holdings, Inc. (FLYY)

Role
President & CEO, Director
Signature
/s/ Thomas Canfield, as Attorney-in-Fact for David M. Davis
Stock symbol
FLYY
Transactions as of
Apr 28, 2025
Transactions value $
$0
Form type
3
Date filed
4/28/2025, 07:23 PM
Previous filing
Apr 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLYY Common Stock 806K Apr 28, 2025 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
holding FLYY Performance Stock Units Apr 28, 2025 Common Stock 403K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grants of restricted stock units, vesting in one-third increments on each of the first three anniversaries of April 21, 2025, subject to the Reporting Person's continued employment through each applicable vesting date (subject to acceleration upon an earlier qualifying termination of employment).
F2 Represents a grant of performance stock units ("PSUs"), reflected at the target number of shares underlying such PSUs. The PSUs will be earned and vest on the third anniversary of April 21, 2025, subject to (i) the Reporting Person's continued employment through the applicable vesting date (subject to acceleration as to service upon an earlier qualifying termination of employment) and (ii) the level of achievement of an equity valuation growth performance goal, measured at the end of a three-year performance period (or, if earlier, the date of a change of control of the Issuer).
F3 The performance shares convert to common stock on a 1 to 1 basis.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney