Howard Diamond - May 8, 2023 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Signature
/s/ Howard M. Diamond
Stock symbol
ULCC
Transactions as of
May 8, 2023
Transactions value $
-$523,096
Form type
4
Date filed
5/9/2023, 09:12 AM
Previous filing
Apr 4, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise $39.5K +150K +157.23% $0.26* 245K May 8, 2023 Direct
transaction ULCC Common Stock Sale -$563K -70K -28.52% $8.04 175K May 8, 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 -150K -25.49% $0.00 438K May 8, 2023 Common Stock 150K $0.26 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.