Barry Biffle - 06 Dec 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
Issuer symbol
ULCC
Transactions as of
06 Dec 2021
Net transactions value
-$2,888,808
Form type
4
Filing time
08 Dec 2021, 16:09:03 UTC
Previous filing
30 Nov 2021
Next filing
04 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise $85,515 +324,904 +305% $0.2632* 431,556 06 Dec 2021 Direct
transaction ULCC Common Stock Sale $1,971,812 -138,904 -32% $14.20 292,652 06 Dec 2021 Direct F2
transaction ULCC Common Stock Options Exercise $44,159 +167,776 +57% $0.2632* 460,428 07 Dec 2021 Direct
transaction ULCC Common Stock Sale $1,046,670 -75,000 -16% $13.96 385,428 07 Dec 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 -324,904 -13% $0.000000 2,167,776 06 Dec 2021 Common Stock 324,904 $0.2632 Direct F1
transaction ULCC Stock Option (Right to Buy) Options Exercise $0 -167,776 -7.7% $0.000000 2,000,000 07 Dec 2021 Common Stock 167,776 $0.2632 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.