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Frontier Communications Parent, Inc. Director's Dealing 2024

Dec 24, 2024

30642_dirs_2024-12-23_a171b15a-5142-4889-b6cb-4a1ab5784353.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Frontier Communications Parent, Inc. (FYBR)
CIK: 0000020520
Period of Report: 2024-12-19

Reporting Person: Jeffery Nick (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-19 Common Stock A 501114 Acquired 1347643 Direct
2024-12-19 Common Stock A 166860 Acquired 1514503 Direct
2024-12-19 Common Stock F 197189 $34.75 Disposed 1317314 Direct
2024-12-19 Common Stock F 65660 $34.75 Disposed 1251654 Direct
2024-12-19 Common Stock F 62770 $34.75 Disposed 1188884 Direct

Footnotes

F1: Represents target number of performance-based restricted shares granted under the Company's 2024 Management Incentive Plan (the "Performance-Based Restricted Shares"). Performance-Based Restricted Shares are eligible to vest based on performance measured at the end of the 2023-2025 performance period, or otherwise in accordance with the terms and conditions of the applicable award agreement.

F2: Represents number of shares of common stock acquired by the reporting person upon the vesting of the "target" number of performance-based stock units previously granted in respect of the 2022-2024 performance period ("2022 Target PSUs"). The 2022 Target PSUs were vested on December 19, 2024.

F3: Represents shares withheld by the Company to cover taxes incurred by the reporting person in connection with an 83(b) election made by the reporting person in respect of the Performance-Based Restricted Shares.

F4: Represents shares withheld by the Company to cover taxes upon vesting of the 2022 Target PSUs.

F5: Represents shares withheld by the Company to cover taxes upon vesting of time-based restricted stock units previously granted, which vested on December 19, 2024.