Ares Management Llc - Nov 18, 2024 Form 4 Insider Report for Frontier Communications Parent, Inc. (FYBR)

Role
10%+ Owner
Signature
Ares Management LLC, By: /s/ Anton Feingold, Authorized Signatory
Stock symbol
FYBR
Transactions as of
Nov 18, 2024
Transactions value $
-$9,885,596
Form type
4
Date filed
11/20/2024, 07:46 PM
Previous filing
Sep 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FYBR Common Stock Sale -$3.06M -87.5K -0.23% $34.92 38.8M Nov 18, 2024 See footnotes F1, F2, F3, F4, F5, F6
transaction FYBR Common Stock Sale -$6.83M -196K -0.51% $34.81 38.6M Nov 19, 2024 See footnotes F1, F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following the transactions reported herein, includes (i) 255,021 shares held by ACOF VI Frontier AIV A1, L.P.; (ii) 91,452 shares held by ACOF VI Frontier AIV A2, L.P.; (iii) 21,338 shares held by ACOF VI Frontier AIV A3, L.P.; (iv) 277,405 shares held by ACOF VI Frontier AIV A4, L.P.; (v) 304,840 shares held by ACOF VI Frontier AIV A5, L.P.; (vi) 170,712 shares held by ACOF VI Frontier AIV A6, L.P.; (vii) 308,936 shares held by ACOF VI Frontier AIV A7, L.P.; (viii) 310,328 shares held by ACOF VI Frontier AIV A8, L.P.; (ix) 291,429 shares held by ACOF VI Frontier AIV A9, L.P.; (x) 92,154 shares held by ACOF VI Frontier AIV A10, L.P.; (xi) 15,382,829 shares held by ACOF VI Frontier AIV B1, L.P. (together with the foregoing entities, the "ACOF VI Funds"); (continued in next footnote)
F2 (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)
F3 (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)
F4 (xxxiii) 2,661,114 shares held by ASSF IV AIV B Holdings III, L.P. and (xxxiv) 2,621,413 shares held by ASSF IV AIV B, L.P. (together with the foregoing entity, the "ASSF Funds").
F5 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.
F6 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.