Mark D. Nielsen - May 9, 2023 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Role
Chief Legal & Reg. Officer
Signature
/s/ Mark D. Nielsen, under Power of Attorney
Stock symbol
FYBR
Transactions as of
May 9, 2023
Transactions value $
-$193,914
Form type
4
Date filed
5/11/2023, 09:00 PM
Previous filing
May 3, 2022
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Award $0 +21.7K +36.49% $0.00 81K May 9, 2023 Direct F1
transaction FYBR Common Stock Tax liability -$194K -10.6K -13.03% $18.37 70.4K May 9, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the Registrant's 2021 Management Incentive Plan. Restricted stock units vest ratably over three years and represent the right to receive one share of the Registrant's common stock upon vesting.
F2 Represents shares withheld by the Company to cover taxes upon vesting of 22,778 restricted stock units previously granted during 2021 which were settled on May 9, 2023.