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Frontier Group Holdings, Inc. Director's Dealing 2022

May 27, 2022

32037_dirs_2022-05-27_13ce362c-b5d3-4bc0-9b1e-98b5cedc81b9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Frontier Group Holdings, Inc. (ULCC)
CIK: 0001670076
Period of Report: 2022-05-25

Reporting Person: FRANKE WILLIAM A (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-25 Common Stock M 7092.00 Acquired 7092.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-05-25 Restricted Stock Units $ M 7092.00 Disposed Common Stock (7092.00) Direct
2022-05-25 Restricted Stock Units $ A 14574.00 Acquired Common Stock (14574.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 178834034.00 Indirect

Footnotes

F1: Relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person.

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: These shares are held directly by Indigo Frontier Holdings Company, LLC. The reporting person is the sole member of Indigo Denver Management Company, LLC, which is the managing member of Indigo Frontier Holdings Company, LLC, and as such, the reporting person has voting and dispositive power over these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F4: The Restricted Stock Units have fully vested as of May 25, 2022.

F5: Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock and may be settled in cash or shares at the option of the Issuer, subject to certain material contingencies.

F6: The Restricted Stock Units will vest in full on the earlier of May 25, 2023 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. The Restricted Stock Units have no expiration date.