Nick Jeffery - Mar 13, 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 13, 2024
Transactions value $
-$798,948
Form type
4
Date filed
3/15/2024, 09:00 PM
Previous 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 +145K +19.67% $0.00 879K Mar 13, 2024 Direct F1
transaction FYBR Common Stock Tax liability -$799K -32.9K -3.74% $24.31 847K Mar 13, 2024 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 restricted stock units previously granted, which vested on March 13, 2024.