Jacob F. Filene - 19 Feb 2022 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
Sr. Vice President, Customers
Signature
/s/ Howard Diamond, as Attorney-in-fact for Jake F. Filene
Issuer symbol
ULCC
Transactions as of
19 Feb 2022
Net transactions value
-$194,562
Form type
4
Filing time
24 Mar 2022, 15:14:55 UTC
Previous filing
04 Feb 2022
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise +21,571 +32% 88,165 19 Feb 2022 Direct F1, F2, F3
transaction ULCC Common Stock Tax liability $121,298 -9,469 -11% $12.81 78,696 19 Feb 2022 Direct F3, F4
transaction ULCC Common Stock Options Exercise +13,236 +17% 91,932 23 Feb 2022 Direct F1, F2, F3
transaction ULCC Common Stock Tax liability $73,264 -5,810 -6.3% $12.61 86,122 23 Feb 2022 Direct F3, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ULCC Restricted Stock Units Options Exercise $0 -21,571 -50% $0.000000 21,559 19 Feb 2022 Common Stock 21,571 Direct F2, F6
transaction ULCC Restricted Stock Units Options Exercise $0 -13,236 -33% $0.000000 26,474 23 Feb 2022 Common Stock 13,236 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
F3 Reflects the number of shares presently owned by the reporting person following the transactions reported herein, accounting for the intervening sales on March 1, 2022.
F4 Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 19, 2022, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person.
F5 Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 23, 2022, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person.
F6 The Restricted Stock Units have fully vested as of February 19, 2022.
F7 The Restricted Stock Units have fully vested as of February 23, 2022.