Form 4 for ULCC Frontier Group Holdings, Inc.
Accepted 2023-06-12 00:00:00 ET · period of report 2023-06-08 · accession 0001562180-23-005094 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-12 | 2023-06-08+ | ULCC | Biffle Barry | Pres, CEO, Dir | S - Sale+OE | $9.22 | -211.3K | 1.13M | -16% | -$1.95M |
| DM | 2023-06-12 | 2023-06-08+ | ULCC | Biffle Barry | Pres, CEO, Dir | M - OptEx | $0.26 | +343.3K | 1.23M | +39% | +$89.2K |
| DMI | 2023-06-12 | 2023-06-08+ | ULCC | Biffle Barry | Pres, CEO, Dir | S - Sale+OE | $9.22 | -175.0K | 78.9K | -69% | -$1.61M |
| DM | 2023-06-12 | 2023-06-08+ | ULCC | Biffle Barry | Pres, CEO, Dir | M - OptEx | $0.00 | -343.3K | 100.0K | -77% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-06-09 | S | D | 111,333 | $9.22 | 1,264,184 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.18 to $9.28, 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. |
| 2 | Common | Common Stock | 2023-06-09 | M | A | 243,264 | $0.26 | 1,375,517 | D | — | — | |
| 3 | Common | Common Stock | 2023-06-08 | S | D | 92,384 | $9.23 | 161,565 | I | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.20 to $9.27, 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. |
| 4 | Common | Common Stock | 2023-06-08 | S | D | 100,000 | $9.22 | 1,132,253 | D By Family Trust | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.20 to $9.28, 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. (F4) These shares of Issuer Common Stock are held in a trust for the benefit of the Reporting Person's child. The Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these shares of Issuer Common Stock, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares of Issuer Common Stock for purposes of Section 16 or for any other purpose. |
| 5 | Common | Common Stock | 2023-06-08 | M | A | 100,000 | $0.26 | 1,232,253 | D By Family Trust | — | — | (F4) These shares of Issuer Common Stock are held in a trust for the benefit of the Reporting Person's child. The Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these shares of Issuer Common Stock, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares of Issuer Common Stock for purposes of Section 16 or for any other purpose. |
| 6 | Common | Common Stock | 2023-06-09 | S | D | 82,616 | $9.20 | 78,949 | I | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.20 to $9.24, 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. |
| 7 | Derivative | Stock Options (Right to buy) | 2023-06-08 | M | D | 100,000 | $0.00 | 343,264 | D | $0.26 · — to 2024-04-27 | 100,000 Common Stock | (F7) The stock options are fully vested and exercisable. |
| 8 | Derivative | Stock Options (Right to buy) | 2023-06-09 | M | D | 243,264 | $0.00 | 100,000 | D | $0.26 · — to 2024-04-27 | 243,264 Common Stock | (F7) The stock options are fully vested and exercisable. |