4//SEC Filing
Spirit Airlines, Inc. 4
Accession 0001498710-13-000124
$FLYYQCIK 0001498710operating
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 6:17 PM ET
Size
11.5 KB
Accession
0001498710-13-000124
Insider Transaction Report
Form 4
Lefebvre Tony
Senior VP and COO
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2013-08-15−5,000→ 0 totalExercise: $12.00Exp: 2021-06-20→ Common Stock (5,000 underlying) - Sale
Common Stock
2013-08-15$30.57/sh−6,012$183,787→ 0 total - Exercise/Conversion
Common Stock
2013-08-15$12.00/sh+5,000$60,000→ 11,012 total - Sale
Common Stock
2013-08-15$30.96/sh−5,000$154,800→ 6,012 total
Footnotes (5)
- [F1]Please note the Form 4 filed by the Reporting Person on May 7, 2013 inadvertently over reported the number of shares withheld by 186 shares. Therefore, the total amount of securities beneficially owned as reported herein reflects an adjustment of 186 shares.
- [F2]Due to the Reporting Person's resignation from the Company and pursuant to the provisions of Spirit Airlines, Inc.'s 2011 Equity Incentive Plan (the "Plan"), all unvested Restricted Stock Units have been cancelled.
- [F3]This transaction was executed in multiple trades in prices ranging from $30.89 to $31.06, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- [F4]This transaction was executed in multiple trades in prices ranging from $30.43 to $30.81, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- [F5]50% of the shares that remain subject to the option would vest and become exercisable on each of June 20, 2014 and June 20, 2015, such that 100% of the shares that remain subject to the option would be fully vested and exercisable on June 20, 2015. However, in accordance with the Plan, the remaining unvested shares subject to the option will not be exercisable as a result of the Reporting Person's resignation from the Company.
Documents
Issuer
Spirit Airlines, Inc.
CIK 0001498710
Entity typeoperating
Related Parties
1- filerCIK 0001498710
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 6:17 PM ET
- Size
- 11.5 KB