Craig R. Maccubbin - 15 Mar 2022 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
SVP & CIO
Signature
/s/ Howard Diamond, as Attorney-in-fact for Craig R. Maccubbin
Issuer symbol
ULCC
Transactions as of
15 Mar 2022
Net transactions value
-$59,863
Form type
4
Filing time
24 Mar 2022, 15:15:33 UTC
Previous filing
04 Feb 2022
Next filing
07 Feb 2023
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 +13,317 13,317 15 Mar 2022 Direct F1, F2
transaction ULCC Common Stock Tax liability $59,863 -5,846 -44% $10.24 7,471 15 Mar 2022 Direct F3

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 -13,317 -25% $0.000000 39,951 15 Mar 2022 Common Stock 13,317 Direct F2, F4
* 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 March 15, 2022, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person.
F4 The Restricted Stock Units have fully vested as of March 15, 2022.