Howard M. Diamond - 08 May 2023 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
SVP, GC & Secretary
Signature
/s/ Howard M. Diamond
Issuer symbol
ULCC
Transactions as of
08 May 2023
Net transactions value
-$523,096
Form type
4
Filing time
09 May 2023, 09:12:52 UTC
Previous filing
04 Apr 2023
Next filing
18 Sep 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 $39,480 +150,000 +157% $0.2632* 245,403 08 May 2023 Direct
transaction ULCC Common Stock Sale $562,576 -70,000 -29% $8.04 175,403 08 May 2023 Direct F1

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 -150,000 -25% $0.000000 438,394 08 May 2023 Common Stock 150,000 $0.2632 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.86 to $8.20, 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.
F2 The stock options are fully vested and exercisable.