Steve Schuller - 25 Oct 2024 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Signature
/s/ Howard Diamond, as Attorney-in-fact for Steve Schuller
Issuer symbol
ULCC
Transactions as of
25 Oct 2024
Net transactions value
-$52,252
Form type
4
Filing time
29 Oct 2024, 18:02:48 UTC
Previous filing
07 Oct 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULCC Common Stock Options Exercise +26,041 +77% 60,076 25 Oct 2024 Direct F1, F2
transaction ULCC Common Stock Tax liability $52,252 -7,486 -12% $6.98 52,590 25 Oct 2024 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 -26,041 -33% $0.000000 52,084 25 Oct 2024 Common Stock 26,041 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 October 25, 2024, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person.
F4 The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on October 25, 2025.