Zubeck Daniel Torque sold SNCY
May 13, 2026 · Form 4 insider transaction
Zubeck Daniel Torque sold 80,048 shares of SNCY, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On May 13, 2026, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 11, 2026, by and among Sun Country Airlines Holdings, Inc. ("Sun Country" ), Allegiant Travel Company ("Allegiant"), Mirage Merger Sub, Inc. ("Merger Sub 1") and a direct wholly owned subsidiary of Allegiant, Sawdust Merger Sub, LLC ("Merger Sub 2"), a direct wholly owned subsidiary of Allegiant: (a) Merger Sub 1 merged with and into Sun Country (the "First Merger"), with Sun Country surviving the First Merger as a direct wholly owned subsidiary of Allegiant and (b) immediately after the First Merger, Sun Country merged with and into Merger Sub 2, with Merger Sub 2 surviving as a direct, wholly owned subsidiary of Allegiant (the "Second Merger" and, together with the First Merger, the "Mergers"). All terms capitalized but not defined herein shall have the meaning given to them in the Merger Agreement.; (Continued from footnote 1) Following consummation of the Mergers, Sun Country Airlines Holdings, Inc. is now known as Sun Country Airlines Holdings, LLC.; Reflects each outstanding Sun Country restricted stock unit award ("Company RSU Award") consisting of 80,048 restricted stock units previously granted to the reporting person, which, as of immediately prior to the effective time of the First Merger (the "First Effective Time"), was assumed and converted into an Allegiant restricted stock unit award ("Parent RSU Award") covering a number of shares of Allegiant common stock ("Parent Shares"), par value $0.001 per share, equal to the product of (x) the number of shares of Sun Country common stock, par value $0.01 per share ("Company Shares") underlying such Company RSU Award and (y) the quotient obtained by dividing the Merger Consideration Closing Value by the Parent Measurement Price, rounded down to the nearest whole share.; (Continued from footnote 2) The Parent RSU Awards will continue to have the same terms and conditions as the Company RSU Awards, including any double-trigger vesting protections.