Lisa Chang - May 30, 2023 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Role
Director
Signature
/s/ Mark D. Nielsen, under Power of Attorney
Stock symbol
FYBR
Transactions as of
May 30, 2023
Transactions value $
-$35,548
Form type
4
Date filed
6/1/2023, 08:01 PM
Previous filing
May 11, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Award $0 +10K +64.11% $0.00 25.7K May 30, 2023 Direct F1
transaction FYBR Common Stock Tax liability -$35.5K -2.39K -9.31% $14.88 23.3K May 31, 2023 Direct 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 subject to the applicable vesting and settlement conditions.
F2 Represents shares disposed of to the Company in exchange for cash in order to satisfy taxes upon settlement of 6,827 restricted stock units previously granted on May 31, 2022 which were settled on May 31, 2023.