Barry Biffle - Dec 6, 2021 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
President & CEO, Director
Signature
/s/ Howard Diamond, as Attorney-in-fact for Barry L. Biffle
Stock symbol
ULCC
Transactions as of
Dec 6, 2021
Transactions value $
-$2,888,808
Form type
4
Date filed
12/8/2021, 04:09 PM
Previous filing
Nov 30, 2021
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise $85.5K +325K +304.64% $0.26* 432K Dec 6, 2021 Direct
transaction ULCC Common Stock Sale -$1.97M -139K -32.19% $14.20 293K Dec 6, 2021 Direct F2
transaction ULCC Common Stock Options Exercise $44.2K +168K +57.33% $0.26* 460K Dec 7, 2021 Direct
transaction ULCC Common Stock Sale -$1.05M -75K -16.29% $13.96 385K Dec 7, 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 Stock Option (Right to Buy) Options Exercise $0 -325K -13.03% $0.00 2.17M Dec 6, 2021 Common Stock 325K $0.26 Direct F1
transaction ULCC Stock Option (Right to Buy) Options Exercise $0 -168K -7.74% $0.00 2M Dec 7, 2021 Common Stock 168K $0.26 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options are fully vested and exercisable.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.535, inclusive. The Reporting Person undertakes to provide to Frontier Group Holdings, Inc., any security holder of Frontier Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.70 to $14.25, inclusive. The Reporting Person undertakes to provide to Frontier Group Holdings, Inc., any security holder of Frontier Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.