Mark C. Mitchell - Oct 4, 2021 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Signature
/s/ Howard Diamond, as Attorney-in-fact for Mark C. Mitchell
Stock symbol
ULCC
Transactions as of
Oct 4, 2021
Transactions value $
-$1,125,643
Form type
4
Date filed
10/6/2021, 04:05 PM
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 $97.7K +71.9K +559.5% $1.36* 84.7K Oct 4, 2021 Direct
transaction ULCC Common Stock Sale -$1.18M -71.9K -84.84% $16.39 12.8K Oct 4, 2021 Direct F1, F2
transaction ULCC Common Stock Options Exercise $3.85K +2.83K +22.05% $1.36* 15.7K Oct 5, 2021 Direct
transaction ULCC Common Stock Sale -$49.6K -2.83K -18.07% $17.50 12.8K Oct 5, 2021 Direct F1

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 -71.9K -27.27% $0.00 192K Oct 4, 2021 Common Stock 71.9K $1.36 Direct F3
transaction ULCC Stock Option (Right to Buy) Options Exercise $0 -2.83K -1.48% $0.00 189K Oct 5, 2021 Common Stock 2.83K $1.36 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.075 to $16.69, 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 stock options are fully vested and exercisable.