F. Filene - Jul 5, 2021 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
Sr. Vice President, Customers
Signature
/s/ Howard Diamond, as Attorney-in-fact for Jake F. Filene
Stock symbol
ULCC
Transactions as of
Jul 5, 2021
Transactions value $
-$258,286
Form type
4
Date filed
7/7/2021, 04:05 PM
Next filing
Sep 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise +22.1K +29.18% 97.7K Jul 5, 2021 Direct F1, F2
transaction ULCC Common Stock Tax liability -$160K -9.69K -9.92% $16.56 88K Jul 5, 2021 Direct F3
transaction ULCC Common Stock Options Exercise +7.6K +8.63% 95.6K Jul 5, 2021 Direct F1, F2
transaction ULCC Common Stock Tax liability -$55.2K -3.34K -3.49% $16.56 92.3K Jul 5, 2021 Direct F3
transaction ULCC Common Stock Options Exercise +5.85K +6.34% 98.2K Jul 5, 2021 Direct F1, F2
transaction ULCC Common Stock Tax liability -$42.5K -2.57K -2.62% $16.56 95.6K Jul 5, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ULCC Restricted Stock Units Options Exercise $0 -22.1K -100% $0.00* 0 Jul 5, 2021 Common Stock 22.1K Direct F2, F4
transaction ULCC Restricted Stock Units Options Exercise $0 -7.6K -100% $0.00* 0 Jul 5, 2021 Common Stock 7.6K Direct F2, F4
transaction ULCC Restricted Stock Units Options Exercise $0 -5.85K -100% $0.00* 0 Jul 5, 2021 Common Stock 5.85K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person and the shares of Issuer Common Stock received by the Reporting Person upon the settlement of the Restricted Stock Units are subject to a lock-up agreement for the benefit of the underwriters of the Issuer's initial public offering.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
F3 Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on July 5, 2021, from the vesting of Restricted Stock Units, and does not a represent a sale by the Reporting Person.
F4 The Restricted Stock Units have fully vested as of July 5, 2021.