Barry Biffle - Apr 12, 2024 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
CEO, Director
Signature
/s/ Howard Diamond, as Attorney-in-fact for Barry L. Biffle
Stock symbol
ULCC
Transactions as of
Apr 12, 2024
Transactions value $
$5,264
Form type
4
Date filed
4/16/2024, 05:36 PM
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise $5.26K +20K +2.52% $0.26* 813K Apr 12, 2024 Direct
holding ULCC Common Stock 48.9K Apr 12, 2024 By Family Trust F1
holding ULCC Common Stock 159K Apr 12, 2024 By Spouse F2

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 Options (Right to buy) Options Exercise $0 -20K -100% $0.00* 0 Apr 12, 2024 Common Stock 20K $0.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Issuer Common Stock are held in a trust for the benefit of the Reporting Person's child. The Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these shares of Issuer Common Stock, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares of Issuer Common Stock for purposes of Section 16 or for any other purpose.
F2 Represents shares received by the Reporting Person's spouse, as part of a pro-rata distribution in-kind by Indigo Frontier Holdings Company, LLC to its members for no consideration.
F3 The stock options are fully vested and exercisable.