Trousdale William 4
4 · Sun Country Airlines Holdings, Inc. · Filed Oct 4, 2023
Insider Transaction Report
Form 4
Trousdale William
Interim CFO and SVP
Transactions
- Sale
Common Stock, par value $0.01 per share
2023-10-02$14.43/sh−2,500$36,083→ 12,990 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2023-10-02−2,500→ 52,001 totalExercise: $5.30Exp: 2028-11-07→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2023-10-02$5.30/sh+2,500$13,250→ 15,490 total - Sale
Common Stock, par value $0.01 per share
2023-10-03$14.37/sh−444$6,379→ 12,546 total
Footnotes (4)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan. The 10b5-1 trading plan was adopted on February 10, 2023.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.28 to $14.76, inclusive. The reporting person undertakes to provide to Sun Country Airlines Holdings, Inc. ("Sun Country"), any security holder of Sun Country, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated to satisfy the tax withholding obligations which are funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F4]Grants may have a graded vesting schedule. Date Exercisable will vary for each vesting tranche.