Alexandre Clerc - 08 Jan 2025 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
Sr. Vice President, Customers
Signature
/s/Howard Diamond, as Attorney-in-fact for Alexandre Clerc
Issuer symbol
ULCC
Transactions as of
08 Jan 2025
Net transactions value
-$145,043
Form type
4
Filing time
10 Jan 2025, 16:13:37 UTC
Previous filing
07 Feb 2024
Next filing
10 Feb 2025
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 +47,081 47,081 08 Jan 2025 Direct F1, F2
transaction ULCC Common Stock Tax liability $122,520 -14,726 -31% $8.32 32,355 08 Jan 2025 Direct F3
transaction ULCC Common Stock Options Exercise +9,416 +29% 41,771 08 Jan 2025 Direct F1, F2
transaction ULCC Common Stock Tax liability $22,522 -2,707 -6.5% $8.32 39,064 08 Jan 2025 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 -47,081 -25% $0.000000 141,243 08 Jan 2025 Common Stock 47,081 Direct F2, F4
transaction ULCC Restricted Stock Units Options Exercise $0 -9,416 -33% $0.000000 18,833 08 Jan 2025 Common Stock 9,416 Direct F2, F5
* 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 January 8, 2025, 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 three substantially equal annual installments beginning on January 8, 2026.
F5 The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on January 8, 2026.