| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KGS | Common Stock | Sale | -$167M | -7M | -11.86% | $23.91 | 52M | Sep 9, 2024 | Held by Frontier TopCo Partnership, L.P. | F1, F3 |
| transaction | KGS | Common Stock | Disposed to Issuer | -$25M | -1M | -1.92% | $25.00 | 51M | Sep 9, 2024 | Held by Frontier TopCo Partnership, L.P. | F2, F3 |
| Id | Content |
|---|---|
| F1 | Consists of shares of common stock, par value $0.01 per share, of the Issuer ("Common Stock") that were sold in an underwritten secondary offering (the "Offering") at a price to the public of $25.00 per share. The Reporting Person received $23.9125 per share of Common Stock sold in the Offering, which is the public offering price less certain underwriting discounts. |
| F2 | Consists of shares of Common Stock held by the Reporting Person that were repurchased by the Issuer at the public offering price in the Offering. |
| F3 | Consists of shares of common stock held directly by Frontier TopCo Partnership, L.P. ("Kodiak Holdings"). Frontier TopCo GP, LLC ("Frontier GP") is the general partner of Kodiak Holdings. EQT Infrastructure III SCSp ("EQT Infrastructure III") indirectly owns 100% of the membership interests in Frontier GP. EQT Fund Management S.a r.l. ("EFMS") has exclusive responsibility for the management and control of the business and affairs of investment vehicles which constitute the majority of the total commitments to EQT Infrastructure III. As such, EFMS has the power to control Frontier GP's voting and investment decisions and may be deemed to have beneficial ownership of the securities held by Kodiak Holdings. |
This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.