John Harrobin - 01 Mar 2024 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Signature
/s/ Mark D. Nielsen, under Power of Attorney
Issuer symbol
FYBR
Transactions as of
01 Mar 2024
Net transactions value
-$1,503,733
Form type
4
Filing time
05 Mar 2024, 21:00:11 UTC
Previous filing
11 May 2023
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Award $0 +127,919 +166% $0.000000 205,056 01 Mar 2024 Direct F1
transaction FYBR Common Stock Tax liability $1,503,733 -63,129 -31% $23.82 141,927 01 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents aggregate number of shares of common stock determined by the Compensation Committee to have been earned in respect of the performance-based stock units for the 2021-2023 performance period ("2021 PSUs").
F2 Represents shares withheld by the Company to cover taxes upon vesting and settlement of the 2021 PSUs.