William A. Franke - May 23, 2024 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
Director, Chair of the Board, 10%+ Owner
Signature
/s/ William A. Franke
Stock symbol
ULCC
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 06:29 PM
Previous filing
Apr 9, 2024
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 +17.7K +0.03% 67.3M May 23, 2024 Direct F1
holding ULCC Common Stock 32M May 23, 2024 By Indigo Denver Management Company, LLC F2
holding ULCC Common Stock 117K May 23, 2024 By Indigo Partners LLC
holding ULCC Common Stock 82.4K May 23, 2024 By Spouse

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 -17.7K -100% $0.00* 0 May 23, 2024 Common Stock 17.7K Direct F1, F3
transaction ULCC Restricted Stock Units Award $0 +25K $0.00 25K May 23, 2024 Common Stock 25K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer Common Stock. The RSUs have no expiration date.
F2 These shares are held directly by Indigo Denver Management Company, LLC. William A. Franke is the sole member of Indigo Denver Management Company, LLC, and as such, may be deemed to have voting and dispositive power over these shares. Mr. Franke disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F3 The RSUs have fully vested as of May 23, 2024.
F4 The RSUs will vest in full on the earlier of May 23, 2025 or immediately prior to the next annual meeting of stockholders after the grant date, subject to continued service of the Reporting Person through the vesting date.