Nick Jeffery - Mar 1, 2024 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Role
President & CEO, Director
Signature
/s/ Mark D. Nielsen, under Power of Attorney
Stock symbol
FYBR
Transactions as of
Mar 1, 2024
Transactions value $
-$5,470,571
Form type
4
Date filed
3/5/2024, 09:00 PM
Previous filing
Mar 15, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Award $0 +492K +104.02% $0.00 965K Mar 1, 2024 Direct F1
transaction FYBR Common Stock Tax liability -$4.61M -194K -20.06% $23.82 771K Mar 1, 2024 Direct F2
transaction FYBR Common Stock Tax liability -$859K -36.6K -4.74% $23.50 735K Mar 4, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents aggregate number of shares of common stock determined by the Compensation Committee to have been earned in respect of the performance-based stock units for the 2021-2023 performance period ("2021 PSUs").
F2 Represents shares withheld by the Company to cover taxes upon vesting and settlement of the 2021 PSUs.
F3 Represents shares withheld by the Company to cover taxes upon vesting of an aggregate of 92,889 restricted stock units ("RSUs") previously granted, which RSUs vested on March 4, 2024.