Sec Form 13G Filing - Indigo Frontier Holdings Company LLC filing for Frontier Group Holdings Inc. (ULCC) - 2024-11-13

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.
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Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)*

 

 

Frontier Group Holdings, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

35909R108

(CUSIP Number)

September 30, 2024

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

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 the disclosures provided in a prior cover page.

The information required in 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).

 

 

 


CUSIP No. 35909R108   

Schedule 13G

   Page 1 of 8

 

 1   

 Names of Reporting Persons

 

Indigo Frontier Holdings Company, LLC

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5    

 Sole Voting Power

 

 0

   6   

 Shared Voting Power

 

 0

   7   

 Sole Dispositive Power

 

 0

   8   

 Shared Dispositive Power

 

 0

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 0

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 0.0%

12  

 Type of Reporting Person

 

 OO


CUSIP No. 35909R108   

Schedule 13G

   Page 2 of 8

 

 1   

 Names of Reporting Persons

 

Indigo Denver Management Company, LLC

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5    

 Sole Voting Power

 

 0

   6   

 Shared Voting Power

 

 31,975,180

   7   

 Sole Dispositive Power

 

 0

   8   

 Shared Dispositive Power

 

 31,975,180

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 31,975,180

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 14.2%

12  

 Type of Reporting Person

 

 OO


CUSIP No. 35909R108   

Schedule 13G

   Page 3 of 8

 

 1   

 Names of Reporting Persons

 

 William A. Franke

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 United States

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5    

 Sole Voting Power

 

 67,303,343

   6   

 Shared Voting Power

 

 32,174,456

   7   

 Sole Dispositive Power

 

 67,303,343

   8   

 Shared Dispositive Power

 

 32,174,456

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 99,477,799

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 44.1%

12  

 Type of Reporting Person

 

 IN


CUSIP No. 35909R108   

Schedule 13G

   Page 4 of 8

 

ITEM 1.    (a)    Name of Issuer:
     

Frontier Group Holdings, Inc. (the “Issuer”).

   (b)    Address of Issuer’s Principal Executive Offices:
     

4545 Airport Way, Denver, CO 80239

ITEM 2.    (a)    Name of Person Filing:
     

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

     

Indigo Frontier Holdings Company, LLC

     

Indigo Denver Management Company, LLC

     

William A. Franke

   (b)    Address or Principal Business Office:
     

The principal business address of the Reporting Persons is c/o Indigo Partners, 2525 East Camelback Road, Suite 900, Phoe nix, AZ 85016.

   (c)    Citizenship of each Reporting Person is:
     

Indigo Frontier Holdings Company, LLC and Indigo Denver Management Company, LLC are organized under the laws of the state of Delaware. William A. Franke is a citizen of the United States.

   (d)    Title of Class of Securities:
     

Common Stock, par value $0.001 per share (“Common Stock”).

   (e)    CUSIP Number:
     

35909R108

 

ITEM 3.

Not applicable.


CUSIP No. 35909R108   

Schedule 13G

   Page 5 of 8

 

ITEM 4.

Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of October 31, 2024, based upon 225,372,311 shares of Common Stock outstanding as of October 25, 2024, based on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 29, 2024.

 

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

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

Indigo Frontier Holdings Company, LLC

     0        0.0     0        0        0        0  

Indigo Denver Management Company, LLC

     31,975,180        14.2     0        31,975,180        0        31,975,180  

William A. Franke

     99,477,799        44.1     67,303,343        32,174,456        67,303,343        32,174,456  

Indigo Denver Management Company, LLC is the record holder of 31,975,180 shares of Common Stock. Mr. Franke is the sole member of Indigo Denver Management Company, LLC and may be deemed to share beneficial ownership of the securities held of record by Indigo Denver Management Company, LLC.

In addition, Mr. Franke is the record holder of 67,303,343 shares of Common Stock, and may be deemed to share beneficial ownership of 116,827 shares of Common Stock held of record by Indigo Partners LLC and 82,449 shares of Common Stock held of record by his spouse.

 

ITEM 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owners of more than five percent of the class of securities, check the following: ☒

As of April 5, 2024, Indigo Frontier Holdings Company, LLC ceased to be the beneficial owner of any securities of the Issuer.

 

ITEM 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

ITEM 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.


CUSIP No. 35909R108   

Schedule 13G

   Page 6 of 8

 

ITEM 8.

Identification and Classification of Members of the Group.

Not applicable.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.


CUSIP No. 35909R108   

Schedule 13G

   Page 7 of 8

 

SIGNATURE

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

Date: November 13, 2024

 

Indigo Frontier Holdings Company, LLC
By:   Indigo Denver Management Company, LLC, its managing member
By:   /s/ William A. Franke
Name:   William A. Franke
Title:   Managing Member
Indigo Denver Management Company, LLC
By:   /s/ William A. Franke
Name:   William A. Franke
Title:   Managing Member
William A. Franke
/s/ William A. Franke


CUSIP No. 35909R108   

Schedule 13G

   Page 8 of 8

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement (previously filed).