Josh A. Wetzel - Feb 19, 2022 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
VP & CAO
Signature
/s/ Howard Diamond, as Attorney-in-fact for Josh A. Wetzel
Stock symbol
ULCC
Transactions as of
Feb 19, 2022
Transactions value $
-$40,028
Form type
4
Date filed
3/24/2022, 03:15 PM
Previous filing
Feb 15, 2022
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise +7.25K 7.25K Feb 19, 2022 Direct F1, F2
transaction ULCC Common Stock Tax liability -$31.7K -2.48K -34.19% $12.81 4.77K Feb 19, 2022 Direct F3
transaction ULCC Common Stock Options Exercise +1.93K +40.37% 6.69K Feb 23, 2022 Direct F1, F2
transaction ULCC Common Stock Tax liability -$8.3K -658 -9.83% $12.61 6.04K Feb 23, 2022 Direct F4

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 -7.25K -50.04% $0.00 7.23K Feb 19, 2022 Common Stock 7.25K Direct F2, F5
transaction ULCC Restricted Stock Units Options Exercise $0 -1.93K -33.33% $0.00 3.85K Feb 23, 2022 Common Stock 1.93K Direct F2, F6
* 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 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.
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 23, 2022, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person.
F5 The Restricted Stock Units have fully vested as of February 19, 2022.
F6 The Restricted Stock Units have fully vested as of February 23, 2022.