Barry Biffle - 12 Apr 2024 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Signature
/s/ Howard Diamond, as Attorney-in-fact for Barry L. Biffle
Issuer symbol
ULCC
Transactions as of
12 Apr 2024
Net transactions value
+$5,264
Form type
4
Filing time
16 Apr 2024, 17:36:02 UTC
Previous filing
02 Apr 2024
Next filing
29 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise $5,264 +20,000 +2.5% $0.2632* 812,981 12 Apr 2024 Direct
holding ULCC Common Stock 48,949 12 Apr 2024 By Family Trust F1
holding ULCC Common Stock 158,975 12 Apr 2024 By Spouse 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 -20,000 -100% $0.000000* 0 12 Apr 2024 Common Stock 20,000 $0.2632 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Issuer Common Stock are held in a trust for the benefit of the Reporting Person's child. The Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these shares of Issuer Common Stock, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares of Issuer Common Stock for purposes of Section 16 or for any other purpose.
F2 Represents shares received by the Reporting Person's spouse, as part of a pro-rata distribution in-kind by Indigo Frontier Holdings Company, LLC to its members for no consideration.
F3 The stock options are fully vested and exercisable.