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

Signature
/s/ Thomas Canfield, as Attorney-in-Fact for David M. Davis
Issuer symbol
FLYY
Transactions as of
28 Apr 2025
Transactions value $
$0
Form type
3
Filing time
28 Apr 2025, 19:23:43 UTC
Previous filing
03 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLYY Common Stock 806K 28 Apr 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 28 Apr 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