Maryann Turcke - 31 May 2022 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Role
Director
Signature
/s/ Mark D. Nielsen, under Power of Attorney
Issuer symbol
FYBR
Transactions as of
31 May 2022
Net transactions value
$0
Form type
4
Filing time
02 Jun 2022, 19:12:21 UTC
Previous filing
13 Jul 2021
Next filing
15 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Award $0 +6,750 +51% $0.000000 20,026 31 May 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the Registrant's 2021 Management Incentive Plan. Each restricted stock unit represents the right to receive one share of the Registrant's common stock ("Common Stock") subject to the applicable vesting and settlement conditions. The reporting person has elected to defer the receipt of Common Stock upon vesting of these restricted stock units until the earlier to occur of a separation from service with the Registrant or a change of control, pursuant to the terms of the Registrant's Non-Employee Directors Deferred Compensation Plan.
F2 Includes 6,750 restricted stock units for which the reporting person has elected to defer the receipt of shares of Common Stock upon vesting until the earlier to occur of a separation from service with the Registrant or a change of control, pursuant to the terms of the Registrant's Non-Employee Directors Deferred Compensation Plan.