Filing Details

Accession Number:
0001181431-12-019098
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-22 18:19:07
Reporting Period:
2012-03-20
Filing Date:
2012-03-22
Accepted Time:
2012-03-22 17:19:07
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
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 2012-03-20 7,500 $7.80 134,211 No 4 M Direct
Common Stock Disposition 2012-03-20 7,500 $19.29 126,711 No 4 S Direct
Common Stock Disposition 2012-03-20 16,000 $19.30 110,711 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 2012-03-20 7,500 $0.00 7,500 $7.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,500 2020-07-27 No 4 M Direct
Footnotes
  1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  2. This transaction was executed in multiple trades in prices ranging from $19.2334 to $19.42, 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.
  3. This transaction was executed in multiple trades in prices ranging from $19.11 to $19.415, 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.
  4. 25% of the shares subject to the option will vest and become exercisable annually following February 2, 2010 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.