David M. Davis - Mar 20, 2023 Form 4 Insider Report for Sun Country Airlines Holdings, Inc. (SNCY)

Role
President & CFO, Director
Signature
/s/ Rose Neale, as attorney-in-fact for David M. Davis
Stock symbol
SNCY
Transactions as of
Mar 20, 2023
Transactions value $
$0
Form type
4
Date filed
3/22/2023, 05:48 PM
Previous filing
Feb 8, 2023
Next filing
Apr 5, 2023
SEC
View on sec.gov

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) Award $0 +39.7K +20.77% $0.00 231K Mar 20, 2023 Common Stock 39.7K $5.30 Direct F1
transaction SNCY Employee Stock Option (Right to Buy) Award $0 +8.26K +12.59% $0.00 73.9K Mar 20, 2023 Common Stock 8.26K $15.17 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 17, 2019, the reporting person was granted an option to purchase 396,563 shares of common stock. The option vests in six installments based on Sun Country's satisfaction of certain performance criteria. The performance criteria for the third installment were met resulting in vesting of the option as to 39,657 shares on March 20, 2023.
F2 On November 19, 2019, the reporting person was granted an option to purchase 82,616 shares of common stock. The option vests in six installments based on Sun Country's satisfaction of certain performance criteria. The performance criteria for the third installment were met resulting in vesting of the option as to 8,262 shares on March 20, 2023.