Sec Form 13D Filing - ARES MANAGEMENT LLC filing for Frontier Communications Parent Inc. (FYBR) - 2024-12-05

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

Frontier Communications Parent, Inc.

(Name of Issuer)

 

Common Stock, $0.01 par value

(Title of Class of Securities)

 

35909D109

(CUSIP Number)

 

Naseem Sagati Aghili

1800 Avenue of the Stars

Suite 1400

Los Angeles, CA 90067

(310) 201-4100

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

December 3, 2024

(Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. x

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

 

 

CUSIP No. 35909D109 13D Page 1 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A1, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

227,727

9

SOLE DISPOSITIVE POW ER

 

0

10

SHARED DISPOSITIVE POWER

 

227,727

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

227,727

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

1

 

CUSIP No. 35909D109 13D Page 2 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A2, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

81,664

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

81,664

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

81,664

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

2

 

CUSIP No. 35909D109 13D Page 3 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A3, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

19,054

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

19,054

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

19,054

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

3

 

CUSIP No. 35909D109 13D Page 4 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A4, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

247,716

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

247,716

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

247,716

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

4

 

CUSIP No. 35909D109 13D Page 5 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A5, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

272,212

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

272,212

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

272,212

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

5

 

CUSIP No. 35909D109 13D Page 6 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A6 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

152,441

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

152,441

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

152,441

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

6

 

CUSIP No. 35909D109 13D Page 7 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A7 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

275,871

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

275,871

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

275,871

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

7

 

CUSIP No. 35909D109 13D Page 8 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A8 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

277,115

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

277,115

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

277,115

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

8

 

CUSIP No. 35909D109 13D Page 9 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A9 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

260,238

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

260,238

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

260,238

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

9

 

CUSIP No. 35909D109 13D Page 10 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV A10 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

82,290

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

82,290

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

82,290

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

10

 

CUSIP No. 35909D109 13D Page 11 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF VI Frontier AIV B1 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

C ITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

13,736,447

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

13,736,447

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

13,736,447

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

11

 

CUSIP No. 35909D109 13D Page 12 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ACOF Investment Management LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

15,632,775

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

15,632,775

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

15,632,775

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

6.3%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

12

 

CUSIP No. 35909D109 13D Page 13 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A1, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

105,592

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

105,592

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

105,592

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

13

 

CUSIP No. 35909D109 13D Page 14 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A2, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

18,032

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

18,032

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

18,032

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

14

 

CUSIP No. 35909D109 13D Page 15 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A3, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

830,837

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

830,837

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

830,837

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.3%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

15

 

CUSIP No. 35909D109 13D Page 16 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A4, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

281,844

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

281,844

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

281,844

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

16

 

CUSIP No. 35909D109 13D Page 17 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A5, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

167,160

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

167,160

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

167,160

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

17

 

CUSIP No. 35909D109 13D Page 18 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A6, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

292,124

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

292,124

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

292,124

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

18

 

CUSIP No. 35909D109 13D Page 19 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A7 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

289,417

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

289,417

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

289,417

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

19

 

CUSIP No. 35909D109 13D Page 20 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A8 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

238,026

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

238,026

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

238,026

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

20

 

CUSIP No. 35909D109 13D Page 21 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A9, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

360,644

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

360,644

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

360,644

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

21

 

CUSIP No. 35909D109 13D Page 22 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A10, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

259,665

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

259,665

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

259,665

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

22

 

CUSIP No. 35909D109 13D Page 23 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV A11, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

245,236

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

245,236

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

245,236

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

23

 

CUSIP No. 35909D109 13D Page 24 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Frontier AIV B1, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

9,597,579

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

9,597,579

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

9,597,579

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.9%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

24

 

CUSIP No. 35909D109 13D Page 25 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 1 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

2,003,418

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

2,003,418

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,003,418

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.8%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

25

 

CUSIP No. 35909D109 13D Page 26 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 2 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

96,560

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

96,560

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

96,560

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

26

 

CUSIP No. 35909D109 13D Page 27 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 3 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

107,553

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

107,553

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

107,553

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

27

 

CUSIP No. 35909D109 13D Page 28 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 4 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

104,240

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

104,240

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

104,240

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

28

 

CUSIP No. 35909D109 13D Page 29 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 5 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

103,240

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

103,240

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

103,240

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

29

 

CUSIP No. 35909D109 13D Page 30 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 6 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

109,407

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

109,407

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

109,407

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

30

 

CUSIP No. 35909D109 13D Page 31 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II Frontier Holdings 7 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

109,675

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

109,675

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

109,675

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

31

 

CUSIP No. 35909D109 13D Page 32 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II A (DE) Frontier Holdings 1 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

479,922

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

479,922

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

479,922

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.2%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

32

 

CUSIP No. 35909D109 13D Page 33 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF II A (DE) Frontier Holdings 2 L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

17,664

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

17,664

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

17,664

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 0.1%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

33

 

CUSIP No. 35909D109 13D Page 34 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASOF Investment Management LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

15,817,835

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

15,817,835

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

15,817,835

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

6.4%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

34

 

CUSIP No. 35909D109 13D Page 35 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASSF IV AIV B Holdings III, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

2,376,302

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

2,376,302

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,376,302

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.0%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

35

 

CUSIP No. 35909D109 13D Page 36 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASSF IV AIV B, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

4,717,158

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

4,717,158

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,717,158

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.9%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

36

 

CUSIP No. 35909D109 13D Page 37 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

ASSF Operating Manager IV L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

4,717,158

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

4,717,158

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,717,158

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.9%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

37

 

CUSIP No. 35909D109 13D Page 38 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Management LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

38

 

CUSIP No. 35909D109 13D Page 39 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Management Holdings L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

PN

 

39

 

CUSIP No. 35909D109 13D Page 40 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Holdco LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

40

 

CUSIP No. 35909D109 13D Page 41 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Management Corporation

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

CO

 

41

 

CUSIP No. 35909D109 13D Page 42 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Voting LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

42

 

CUSIP No. 35909D109 13D Page 43 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Management GP LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

43

 

CUSIP No. 35909D109 13D Page 44 of 54 pages

 

1

NAMES OF REPORTING PERSONS

 

Ares Partners Holdco LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨   (b)  x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

WC

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

☐

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING PERSON

WITH

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

36,190,156

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

36,190,156

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,190,156

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14.5%

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO (Limited Liability Company)

 

44

 

CUSIP No. 35909D109 13D Page 45 of 54 pages

 

EXPLANATORY NOTE

 

This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) amends and supplements the statement on Schedule 13D filed with the United States Securities and Exchange Commission on May 26, 2023 (as amended to date, the “Schedule 13D”), relating to the common stock, par value $0.01 per share (the “Common Stock”), of Frontier Communications Parent, Inc., a Delaware corporation (the “Issuer”). Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D.  

 

Item 2. Identity and Background

 

 Item 2(b) of the Schedule 13D is hereby amended and restated in its entirety as follows:

 

(b) The address of the principal office of each of the Reporting Persons, the Board Members (as defined below) and the other individuals set forth in Schedule A of this Schedule 13D (such other individuals, together with the Board Members, the “Managers”) is c/o Ares Management LLC, 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067

 

Item 5. Interest in Securities of the Issuer

 

Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:

 

(a)-(b) The following sets forth, as of the date of this Schedule 13D, the aggregate number of shares of Common Stock and percentage of Common Stock beneficially owned by each of the Reporting Persons, as well as the number of shares of Common Stock as to which each Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition of, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 249,015,000 shares of Common Stock outstanding as of November 1, 2024, as disclosed in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 5, 2024.

 

45

 

CUSIP No. 35909D109 13D Page 46 of 54 pages

 

Reporting Person  Amount
Beneficially
Owned		   Percent
of Class		   Sole
power to
vote or to
direct the
vote		   Shared
power to
vote or to
direct the
vote		   Sole power
to dispose
or to direct
the
disposition		   Shared
power to
dispose or to
direct the
disposition		 
ACOF VI Frontier AIV A1, L.P.   227,727    0.1%   0    227,727    0    227,727 
ACOF VI Frontier AIV A2, L.P.   81,664    0.0%   0    81,664    0    81,664 
ACOF VI Frontier AIV A3, L.P.   19,054    0.0%   0    19,054    0    19,054 
ACOF VI Frontier AIV A4, L.P.   247,716    0.1%   0    247,716    0    247,716 
ACOF VI Frontier AIV A5, L.P.   272,212    0.1%   0    272,212    0    272,212 
ACOF VI Frontier AIV A6, L.P.   152,441    0.1%   0    152,441    0    152,441 
ACOF VI Frontier AIV A7, L.P.   275,871    0.1%   0    275,871    0    275,871 
ACOF VI Frontier AIV A8, L.P.   277,115    0.1%   0    277,115    0    277,115 
ACOF VI Frontier AIV A9, L.P.   260,238    0.1%   0    260,238    0    260,238 
ACOF VI Frontier AIV A10, L.P.   82,290    0.0%   0    82,290    0    82,290 
ACOF VI Frontier AIV B1, L.P.   13,736,447    5.5%   0    13,736,447    0    13,736,447 
ACOF Investment Management LLC   15,632,775    6.3%   0    15,632,775    0    15,632,775 
ASOF Frontier AIV A1, L.P.   105,592    0.0%   0    105,592    0    105,592 
ASOF Frontier AIV A2, L.P.   18,032    0.0%   0    18,032    0    18,032 
ASOF Frontier AIV A3, L.P.   830,837    0.3%   0    830,837    0    830,837 
ASOF Frontier AIV A4, L.P.   281,844    0.1%   0    281,844    0    281,844 
ASOF Frontier AIV A5, L.P.   167,160    0.1%   0    167,160    0    167,160 
ASOF Frontier AIV A6, L.P.   292,124    0.1%   0    292,124    0    292,124 
ASOF Frontier AIV A7, L.P.   289,417    0.1%   0    289,417    0    289,417 
ASOF Frontier AIV A8, L.P.   238,026    0.1%   0    238,026    0    238,026 
ASOF Frontier AIV A9, L.P.   360,644    0.1%   0    360,644    0    360,644 
ASOF Frontier AIV A10, L.P.   259,665    0.1%   0    259,665    0    259,665 
ASOF Frontier AIV A11, L.P.   245,236    0.1%   0    245,236    0    245,236 
ASOF Frontier AIV B1, L.P.   9,597,579    3.9%   0    9,597,579    0    9,597,579 
ASOF II Frontier Holdings 1 L.P.   2,003,418    0.8%   0    2,003,418    0    2,003,418 
ASOF II Frontier Holdings 2 L.P.   96,560    0.0%   0    96,560    0    96,560 
ASOF II Frontier Holdings 3 L.P.   107,553    0.0%   0    107,553    0    107,553 
ASOF II Frontier Holdings 4 L.P.   104,240    0.0%   0    104,240    0    104,240 
ASOF II Frontier Holdings 5 L.P.   103,240    0.0%   0    103,240    0    103,240 
ASOF II Frontier Holdings 6 L.P.   109,407    0.0%   0    109,407    0    109,407 
ASOF II Frontier Holdings 7 L.P.   109,675    0.0%   0    109,675    0    109,675 
ASOF II A (DE) Frontier Holdings 1 L.P.   479,922    0.2%   0    479,922    0    479,922 
ASOF II A (DE) Frontier Holdings 2 L.P.   17,664    0.0%   0    17,664    0    17,664 
ASOF Investment Management LLC   15,817,835    6.4%   0    15,817,835    0    15,817,835 
ASSF IV AIV B Holdings III, L.P.   2,376,302    1.0%   0    2,376,302    0    2,376,302 
ASSF IV AIV B, L.P.   4,717,158    1.9%   0    4,717,158    0    4,717,158 
ASSF Operating Manager IV L.P.   4,717,158    1.9%   0    4,717,158    0    4,717,158 
Ares Management LLC   36,190,156    14.5%   0    36,190,156    0    36,190,156 
Ares Management Holdings L.P.   36,190,156    14.5%   0    36,190,156    0    36,190,156 
Ares Holdco LLC   36,190,156    14.5%   0    36,190,156    0    36,190,156 
Ares Management Corporation   36,190,156    14.5%   0    36,190,156    0    36,190,156 
Ares Voting LLC   36,190,156    14.5%   0    36,190,156    0    36,190,156 
Ares Management GP LLC   36,190,156    14.5%   0    36,190,156    0    36,190,156 
Ares Partners Holdco LLC   36,190,156    14.5%   0    36,190,156    0    36,190,156 

 

46

 

CUSIP No. 35909D109 13D Page 47 of 54 pages

 

Includes (i) 227,727 shares held by ACOF VI Frontier AIV A1, L.P.; (ii) 81,664 shares held by ACOF VI Frontier AIV A2, L.P.; (iii) 19,054 shares held by ACOF VI Frontier AIV A3, L.P.; (iv) 247,716 shares held by ACOF VI Frontier AIV A4, L.P.; (v) 272,212 shares held by ACOF VI Frontier AIV A5, L.P.; (vi) 152,441 shares held by ACOF VI Frontier AIV A6, L.P.; (vii) 275,871 shares held by ACOF VI Frontier AIV A7, L.P.; (viii) 277,115 shares held by ACOF VI Frontier AIV A8, L.P.; (ix) 260,238 shares held by ACOF VI Frontier AIV A9, L.P.; (x) 82,290 shares held by ACOF VI Frontier AIV A10, L.P.; (xi) 13,736,447 shares held by ACOF VI Frontier AIV B1, L.P. (together with the foregoing entities, the "ACOF VI Funds"); (xii) 105,592 shares held by ASOF Frontier AIV A1, L.P.; (xiii) 18,032 shares held by ASOF Frontier AIV A2, L.P.; (xiv) 830,837 shares held by ASOF Frontier AIV A3, L.P.; (xv) 281,844 shares held by ASOF Frontier AIV A4, L.P.; (xvi) 167,160 shares held by ASOF Frontier AIV A5, L.P.; (xvii) 292,124 shares held by ASOF Frontier AIV A6, L.P.; (xviii) 289,417 shares held by ASOF Frontier AIV A7, L.P.; (xix) 238,026 shares held by ASOF Frontier AIV A8, L.P.; (xx) 360,644 shares held by ASOF Frontier AIV A9, L.P.; (xxi) 259,665 shares held by ASOF Frontier AIV A10, L.P.; (xxii) 245,236 shares held by ASOF Frontier AIV A11, L.P.; (xxiii) 9,597,579 shares held by ASOF Frontier AIV B1, L.P. (together with the foregoing entities, the "ASOF Funds"); (xxiv) 2,003,418 shares held by ASOF II Frontier Holdings 1 L.P.; (xxv) 96,560 shares held by ASOF II Frontier Holdings 2 L.P.; (xxvi) 107,553 shares held by ASOF II Frontier Holdings 3 L.P.; (xxvii) 104,240 shares held by ASOF II Frontier Holdings 4 L.P.; (xxviii) 103,240 shares held by ASOF II Frontier Holdings 5 L.P.; (xxix) 109,407 shares held by ASOF II Frontier Holdings 6 L.P.; (xxx) 109,675 shares held by ASOF II Frontier Holdings 7 L.P.; (xxxi) 479,922 shares held by ASOF II A (DE) Frontier Holdings 1 L.P.; (xxxii) 17,664 shares held by ASOF II A (DE) Frontier Holdings 2 L.P. (together with the foregoing entities, the "ASOF II Funds"); (xxxiii) 2,376,302 shares held by ASSF IV AIV B Holdings III, L.P. and (xxxiv) 2,340,856 shares held by ASSF IV AIV B, L.P. (together with the foregoing entity, the "ASSF Funds"). Also includes 22,388 shares held by accounts managed by Ares Management LLC, with respect to which each of Ares Management Holdings L.P., Ares Holdco LLC, Ares Management Corporation, Ares Voting LLC, Ares Management GP LLC, and Ares Partners Holdco LLC may be deemed to share voting or dispositive power.

 

Ares Partners Holdco LLC is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which together are the majority shareholders of Ares Management Corporation. Ares Management Corporation is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings LP, which is the sole member of Ares Management LLC, which is (a) the sole member of ACOF Investment Management LLC, which is the manager of the ACOF VI Funds, (b) the sole member of ASOF Investment Management LLC, which is the manager of the ASOF Funds and ASOF II Funds and (c) the general partner of ASSF Operating Manager IV, L.P., which is the manager of the ASSF Funds.

 

Each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners Holdco LLC is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners Holdco LLC. 

 

(c) From November 18, 2024 to December 3, 2024, the Reporting Persons disposed of an aggregate of 2,722,740 shares of Common Stock in a series of open-market transactions. Details by date, listing the number of shares of Common Stock disposed of and the price per share, are provided below. The Reporting Persons undertake to provide, upon request by the staff of the SEC or the Issuer, full information regarding the number of shares sold at each separate price for each transaction.

 

Date  Shares Disposed Of   Price 
November 18, 2024   87,536   $34.9194 
November 19, 2024   196,166   $34.8118 
November 20, 2024   240,940   $34.6883 
November 21, 2024   239,195   $34.7934 
November 22, 2024   227,902   $34.8150 
November 25, 2024   360,922   $34.8771 
November 26, 2024   106,648   $34.8522 
November 27, 2024   83,491   $34.8039 
November 29, 2024   44,940   $34.8045 
December 2, 2024   475,000   $34.7489 
December 3, 2024   660,000   $34.5913 

 

(d) None.

 

(e) Not applicable.

 

47

 

CUSIP No. 35909D109 13D Page 48 of 54 pages

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: December 5, 2024

 

  Ares Management LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A1, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A2, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A3, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A4, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A5, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

48

 

CUSIP No. 35909D109 13D Page 49 of 54 pages

 

  ACOF VI Frontier AIV A6, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A7, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A8, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV A9, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Ti tle: Authorized Signatory
     
  ACOF VI Frontier AIV A10, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF VI Frontier AIV B1, L.P.
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ACOF Investment Management LLC
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

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CUSIP No. 35909D109 13D Page 50 of 54 pages

 

  ASOF Frontier AIV A1, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A2, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A3, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A4, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A5, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A6, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A7, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

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CUSIP No. 35909D109 13D Page 51 of 54 pages

 

  ASOF Frontier AIV A8, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A9, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A10, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV A11, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF Frontier AIV B1, L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
ASOF II FRONTIER HOLDINGS 1 L.P.
By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II FRONTIER HOLDINGS 2 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

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CUSIP No. 35909D109 13D Page 52 of 54 pages

 

  ASOF II FRONTIER HOLDINGS 3 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II FRONTIER HOLDINGS 4 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II FRONTIER HOLDINGS 5 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II FRONTIER HOLDINGS 6 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II FRONTIER HOLDINGS 7 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II A (DE) FRONTIER HOLDINGS 1 L.P.
By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASOF II A (DE) FRONTIER HOLDINGS 2 L.P.
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

52

 

CUSIP No. 35909D109 13D Page 53 of 54 pages

 

  ASOF Investment Management LLC
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASSF IV AIV B Holdings III, L.P.
  By: ASSF Operating Manager IV, L.P., its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASSF IV AIV B, L.P.
  By: ASSF Operating Manager IV, L.P., its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASSF Operating Manager IV, L.P.
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  Ares Management Holdings L.P.
  By: Ares Holdco LLC, its general partner
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
  Ares Holdco LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
  Ares Management Corporation
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
  Ares Management GP LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory

 

53

 

CUSIP No. 35909D109 13D Page 54 of 54 pages

 

  Ares Voting LLC
  By: Ares Partners Holdco LLC, its sole member
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
  Ares Partners Holdco LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory

 

54