Frontier Group Holdings, Inc. — Director's Dealing 2021

Apr 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Frontier Group Holdings, Inc. (ULCC)
CIK: 0001670076
Period of Report: 2021-04-19

Reporting Person: Stedke Trevor J. (Sr. Vice President, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-19	Common Stock	M	18259	—	Acquired	46493	Direct
2021-04-19	Common Stock	F	8015	$20.07	Disposed	38478	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-19	Restricted Stock Units	$	M	18259	Disposed		Common Stock (18259)	Direct

Footnotes

F1: This Form 4 relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person and the shares of Issuer Common Stock received by the Reporting Person upon the settlement of the Restricted Stock Units are subject to a lock-up agreement for the benefit of the underwriters of the Issuer's initial public offering.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.

F3: Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on April 19, 2021, from the vesting of Restricted Stock Units, and does not a represent a sale by the Reporting Person.

F4: The Restricted Stock Units vest in substantially equal installments on each of April 8, 2022 and April 8, 2023.