Sec Form 4 Filing - ARES MANAGEMENT LLC @ Frontier Communications Parent, Inc. - 2024-12-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ARES MANAGEMENT LLC
2. Issuer Name and Ticker or Trading Symbol
Frontier Communications Parent, Inc. [ FYBR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ARES MANAGEMENT LLC, 1800 AVENUE OF THE STARS, SUITE 1400
3. Date of Earliest Transaction (MM/DD/YY)
12/06/2024
(Street)
LOS ANGELES, CA90067
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/06/2024 S 275,000 D $ 34.6367 35,722,768 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 )
Common Stock 12/09/2024 S 300,000 D $ 34.6148 35,422,768 I See footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ARES MANAGEMENT LLC
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A1, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A2, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A3, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A4, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A5, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A6, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A7, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A8, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
ACOF VI Frontier AIV A9, L.P.
C/O ARES MANAGEMENT LLC
1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA90067
X
Signatures
Ares Management LLC, By: /s/ Anton Feingold, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A1, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A2, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A3, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A4, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A5, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A6, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A7, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A8, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
ACOF VI Frontier AIV A9, L.P., By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory 12/10/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Following the transactions reported herein, includes (i) 219,391 shares held by ACOF VI Frontier AIV A1, L.P.; (ii) 78,674 shares held by ACOF VI Frontier AIV A2, L.P.; (iii) 18,357 shares held by ACOF VI Frontier AIV A3, L.P.; (iv) 238,647 shares held by ACOF VI Frontier AIV A4, L.P.; (v) 262,246 shares held by ACOF VI Frontier AIV A5, L.P.; (vi) 146,861 shares held by ACOF VI Frontier AIV A6, L.P.; (vii) 265,771 shares held by ACOF VI Frontier AIV A7, L.P.; (viii) 266,970 shares held by ACOF VI Frontier AIV A8, L.P.; (ix) 250,711 shares held by ACOF VI Frontier AIV A9, L.P.; (x) 79,278 shares held by ACOF VI Frontier AIV A10, L.P.; (xi) 13,233,562 shares held by ACOF VI Frontier AIV B1, L.P. (together with the foregoing entities, the "ACOF VI Funds"); (continued in next footnote)
( 2 )(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"); (continued in next footnote)
( 3 )(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"); (continued in next footnote)
( 4 )(xxxiii) 2,289,306 shares held by ASSF IV AIV B Holdings III, L.P. and (xxxiv) 2,255,159 shares held by ASSF IV AIV B, L.P. (together with the foregoing entity, the "ASSF Funds").
( 5 )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.
( 6 )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.

Remarks:
Ares Management LLC, Ares Management Holdings L.P., Ares Holdco LLC, Ares Management Corporation, Ares Management GP LLC, Ares Voting LLC, Ares Partners Holdco LLC, the ACOF VI Funds, the ASOF Funds, the ASOF II Funds, the ASSF Funds, ACOF Investment Management LLC, ASOF Investment Management LLC and ASSF Operating Manager IV, L.P. are collectively the Reporting Persons. Due to the limitations of the electronic filing system, this Form 4 is being filed in five parts.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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