Robert A. Milton - Apr 28, 2025 Form 3 Insider Report for Spirit Aviation Holdings, Inc. (FLYY)

Role
Director
Signature
/s/ Thomas Canfield, as Attorney-In-Fact for Robert A. Milton
Stock symbol
FLYY
Transactions as of
Apr 28, 2025
Transactions value $
$0
Form type
3
Date filed
4/28/2025, 08:46 PM
Previous filing
Sep 3, 2024
Next filing
May 6, 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 222K 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 333K $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 a grant of restricted stock units, vesting in full on the earlier to occur of (A) a change in control and (B) the three-year anniversary of March 12, 2025, subject to (i) the Reporting Person's continued employment through the applicable vesting date (subject to proration upon an earlier qualifying termination of service) and (ii) achieving a certain minimum share price condition.
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 in full on the earlier to occur of (A) a change in control and (B) the three-year anniversary of March 12, 2025, subject to (i) the Reporting Person's continued service through the applicable vesting date (subject to potential vesting upon an earlier qualifying termination of service) and (ii) the level of achievement of a share price 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