Pratabkumar Vemana - 30 May 2023 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Role
Director
Signature
/s/ Mark D. Nielsen, under Power of Attorney
Issuer symbol
FYBR
Transactions as of
30 May 2023
Net transactions value
-$35,161
Form type
4
Filing time
01 Jun 2023, 19:57:24 UTC
Previous filing
11 May 2023
Next filing
03 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Award $0 +9,910 +64% $0.000000 25,417 30 May 2023 Direct F1
transaction FYBR Common Stock Tax liability $35,161 -2,363 -9.3% $14.88 23,054 31 May 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the Registrant's 2021 Management Incentive Plan. Each restricted stock unit represents the right to receive one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
F2 Represents shares disposed of to the Registrant in exchange for cash in order to satisfy taxes upon settlement of 6,750 restricted stock units previously granted on May 31, 2022 which were settled on May 31, 2023.