Filing Details
- Accession Number:
- 0001498710-13-000124
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-08-16 18:17:43
- Reporting Period:
- 2013-08-15
- Filing Date:
- 2013-08-16
- Accepted Time:
- 2013-08-16 18:17:43
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1498710 | Spirit Airlines Inc. | SAVE | Air Transportation, Scheduled (4512) | 381747023 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1523871 | Tony Lefebvre | C/O Spirit Airlines, Inc. 2800 Executive Way Miramar FL 33025 | Former Senior Vp And Coo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-08-15 | 5,000 | $12.00 | 11,012 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-08-15 | 5,000 | $30.96 | 6,012 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2013-08-15 | 6,012 | $30.57 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2013-08-15 | 5,000 | $0.00 | 5,000 | $12.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-06-20 | No | 4 | M | Direct |
Footnotes
- 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.
- 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.
- 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.
- 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.
- 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.
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