Daniel M. Shurz - 15 Aug 2022 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Signature
/s/ Howard Diamond, as Attorney-in-fact for Daniel M. Shurz
Issuer symbol
ULCC
Transactions as of
15 Aug 2022
Net transactions value
-$365,303
Form type
4
Filing time
17 Aug 2022, 12:56:09 UTC
Previous filing
24 Mar 2022
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise $6,491 +24,663 +63% $0.2632* 63,622 15 Aug 2022 Direct
transaction ULCC Common Stock Sale $371,795 -24,663 -39% $15.08 38,959 15 Aug 2022 Direct F1, F2

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 Stock Options (Right to Buy) Options Exercise $0 -24,663 -4.2% $0.000000 564,570 15 Aug 2022 Common Stock 24,663 $0.2632 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.24, inclusive. The Reporting Person undertakes to provide to Frontier Group Holdings, Inc., any security holder of Frontier Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
F3 The stock options are fully vested and exercisable.