James Dempsey - 17 Nov 2023 Form 4 Insider Report for Frontier Group Holdings, Inc. (ULCC)

Role
President
Signature
/s/ Howard Diamond, as Attorney-in-fact for James Dempsey
Issuer symbol
ULCC
Transactions as of
17 Nov 2023
Net transactions value
-$1,654,097
Form type
4
Filing time
21 Nov 2023, 16:45:39 UTC
Previous filing
27 Oct 2023
Next filing
07 Feb 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 $131,600 +500,000 +571% $0.2632* 587,507 17 Nov 2023 Direct
transaction ULCC Common Stock Sale $935,592 -240,000 -41% $3.90 347,507 17 Nov 2023 Direct F1
transaction ULCC Common Stock Options Exercise $126,587 +480,955 +138% $0.2632* 828,462 20 Nov 2023 Direct
transaction ULCC Common Stock Sale $976,692 -245,000 -30% $3.99 583,462 20 Nov 2023 Direct F2

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 Stock Options (Right to buy) Options Exercise $0 -500,000 -51% $0.000000 480,955 17 Nov 2023 Common Stock 500,000 $0.2632 Direct F3
transaction ULCC Stock Options (Right to buy) Options Exercise $0 -480,955 -100% $0.000000* 0 20 Nov 2023 Common Stock 480,955 $0.2632 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.81 to $4.01, inclusive. The Reporting Person undertakes to provide to Frontier Group Holdings, Inc., any security holder of Frontier Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.89 to $4.18, inclusive. The Reporting Person undertakes to provide to Frontier Group Holdings, Inc., any security holder of Frontier Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
F3 The stock options are fully vested and exercisable.