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Filing Details

Accession Number:: 0001104659-21-120392
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-28 21:57:44
Reporting Period:: 2021-09-24

Accepted Time:: 2021-09-28 21:57:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
20520	Frontier Communications Parent Inc.	FYBR	Telephone Communications (No Radiotelephone) (4813)	862359749

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1259313	Ares Management Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862507	Asof Frontier Aiv A4, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862519	Asof Frontier Aiv A7, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862521	Asof Frontier Aiv A6, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862523	Asof Frontier Aiv A5, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862527	Asof Frontier Aiv A3, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862528	Asof Frontier Aiv A2, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862530	Asof Frontier Aiv A1, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862531	Acof Vi Frontier Aiv B1, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1862532	Acof Vi Frontier Aiv A10, L.p.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	27	$26.95	105,592	No	4	P	Indirect	By ASOF Frontier AIV A1, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	4	$26.95	18,032	No	4	P	Indirect	By ASOF Frontier AIV A2, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	15	$26.95	830,837	No	4	P	Indirect	By ASOF Frontier AIV A3, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	24	$26.95	281,844	No	4	P	Indirect	By ASOF Frontier AIV A4, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	19	$26.95	167,160	No	4	P	Indirect	By ASOF Frontier AIV A5, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	27	$26.95	292,124	No	4	P	Indirect	By ASOF Frontier AIV A6, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	19	$26.95	289,417	No	4	P	Indirect	By ASOF Frontier AIV A7, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	20	$26.95	238,026	No	4	P	Indirect	By ASOF Frontier AIV A8, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	22	$26.95	360,644	No	4	P	Indirect	By ASOF Frontier AIV A9, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	40	$26.95	259,665	No	4	P	Indirect	By ASOF Frontier AIV A10, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	9	$26.95	245,236	No	4	P	Indirect	By ASOF Frontier AIV A11, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	226	$26.95	9,597,579	No	4	S	Indirect	By ASOF Frontier AIV B1, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	32,032	$26.95	249,805	No	4	S	Indirect	ACOF VI Frontier AIV A1, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	30,325	$26.95	89,581	No	4	S	Indirect	ACOF VI Frontier AIV A2, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	7,078	$26.95	20,902	No	4	S	Indirect	ACOF VI Frontier AIV A3, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	92,018	$26.95	271,730	No	4	S	Indirect	ACOF VI Frontier AIV A4, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	101,137	$26.95	298,604	No	4	S	Indirect	ACOF VI Frontier AIV A5, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	56,632	$26.95	167,219	No	4	S	Indirect	ACOF VI Frontier AIV A6, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	98,395	$26.95	302,616	No	4	P	Indirect	ACOF VI Frontier AIV A7, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	184,073	$26.95	303,979	No	4	P	Indirect	ACOF VI Frontier AIV A8, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	96,690	$26.95	285,466	No	4	S	Indirect	ACOF VI Frontier AIV A9, L.P.
Common Stock, Par Value $0.01	Disposition	2021-09-24	7,981	$26.95	90,268	No	4	S	Indirect	ACOF VI Frontier AIV A10, L.P.
Common Stock, Par Value $0.01	Acquisiton	2021-09-24	141,425	$26.95	15,068,130	No	4	P	Indirect	By ACOF VI Frontier AIV B1, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By ASOF Frontier AIV A1, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A2, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A3, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A4, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A5, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A6, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A7, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A8, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A9, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A10, L.P.
No	4	P	Indirect	By ASOF Frontier AIV A11, L.P.
No	4	S	Indirect	By ASOF Frontier AIV B1, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A1, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A2, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A3, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A4, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A5, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A6, L.P.
No	4	P	Indirect	ACOF VI Frontier AIV A7, L.P.
No	4	P	Indirect	ACOF VI Frontier AIV A8, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A9, L.P.
No	4	S	Indirect	ACOF VI Frontier AIV A10, L.P.
No	4	P	Indirect	By ACOF VI Frontier AIV B1, L.P.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	2,694,242	Indirect	By ASSF IV AIV B Holdings III, L.P.
Common Stock, Par Value $0.01	2,654,041	Indirect	By ASSF IV AIV B, L.P.

Footnotes

These transactions reflect inter-fund transfers (the "Transfers") of shares of the Issuer's Common Stock from one Ares Direct Holder (as defined below) to another Ares Direct Holder in connection with an internal rebalancing of such Ares Direct Holders' holdings of Common Stock. Each Transfer occurred at the same time and at the same price.
This statement is being filed by ACOF VI Frontier AIV A1, L.P. ("ACOF VI Frontier AIV A1"), ACOF VI Frontier AIV A2, L.P. ("ACOF VI Frontier AIV A2"), ACOF VI Frontier AIV A3, L.P. ("ACOF VI Frontier AIV A3"), ACOF VI Frontier AIV A4, L.P. ("ACOF VI Frontier AIV A4"), ACOF VI Frontier AIV A5, L.P. ("ACOF VI Frontier AIV A5"), ACOF VI Frontier AIV A6, L.P. ("ACOF VI Frontier AIV A6"), ACOF VI Frontier AIV A7, L.P. ("ACOF VI Frontier AIV A7"), ACOF VI Frontier AIV A8, L.P. ("ACOF VI Frontier AIV A8"), ACOF VI Frontier AIV A9, L.P. ("ACOF VI Frontier AIV A9"), ACOF VI Frontier AIV A10, L.P. ("ACOF VI Frontier AIV A10"), and ACOF VI Frontier AIV B1, L.P. ("ACOF VI Frontier AIV B1", together with the foregoing entities, the "ACOF Funds"), (continued in next footnote)
ASOF Frontier AIV A1, L.P. ("ASOF Frontier AIV A1"), ASOF Frontier AIV A2, L.P. ("ASOF Frontier AIV A2"), ASOF Frontier AIV A3, L.P. ("ASOF Frontier AIV A3"), ASOF Frontier AIV A4, L.P. ("ASOF Frontier AIV A4"), ASOF Frontier AIV A5, L.P. ("ASOF Frontier AIV A5"), ASOF Frontier AIV A6, L.P. ("ASOF Frontier AIV A6"), ASOF Frontier AIV A7, L.P. ("ASOF Frontier AIV A7"), ASOF Frontier AIV A8, L.P. ("ASOF Frontier AIV A8"), ASOF Frontier AIV A9, L.P. ("ASOF Frontier AIV A9"), (continued in next footnote)
and ASOF Frontier AIV A10, L.P. ("ASOF Frontier AIV A10"), ASOF Frontier AIV A11, L.P. ("ASOF Frontier AIV A11"), and ASOF Frontier AIV B1, L.P. ("ASOF Frontier AIV B1", together with ASOF Frontier AIV A1, ASOF Frontier AIV A2, ASOF Frontier AIV A3, ASOF Frontier AIV A4, ASOF Frontier AIV A5, ASOF Frontier AIV A6, ASOF Frontier AIV A7, ASOF Frontier AIV A8, ASOF Frontier AIV A9, ASOF Frontier AIV A10, and ASOF Frontier AIV A11, the "ASOF Funds"), ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV B Holdings III"), ASSF IV AIV B, L.P. ("ASSF IV AIV B", and together with ASSF IV AIV B Holdings III, the "ASSF Funds", and together with the ACOF Funds, and the ASOF Funds, the "Ares Direct Holders"), (continued in next footnote)
ACOF Investment Management LLC ("ACOF Investment Management"), ASOF Investment Management LLC ("ASOF Investment Management"), ASSF Operating Manager IV, L.P. ("ASSF Operating Manager"), Ares Management LLC, Ares Management Holdings L.P. ("Ares Management Holdings"), Ares Holdco LLC ("Ares Holdco"), Ares Management Corporation ("Ares Management"), Ares Management GP LLC ("Ares Management GP"), Ares Voting LLC ("Ares Voting") and Ares Partners Holdco LLC ("Ares Partners", and together with the Ares Direct Holders, ACOF Investment Management, ASOF Investment Management, ASSF Operating Manager, Ares Management LLC, Ares Management Holdings, Ares Holdco, Ares Management, Ares Management GP, and Ares Voting, the "Reporting Persons"). Due to the electronic system's limitation of 10 Reporting Persons per joint filing, this statement is being filed in four parts.
The Reporting Persons collectively beneficially own, or may be deemed to beneficially own, in the aggregate 35,205,125 shares of Common Stock (which aggregate ownership did not change as a result of the Transfers) by reason of the direct or indirect beneficial ownership of such shares as follows: (i) ACOF VI Frontier AIV A1 owns 249,805 shares of Common Stock; (ii) ACOF VI Frontier AIV A2 owns 89,581 shares of Common Stock; (iii) ACOF VI Frontier AIV A3 owns 20,902 shares of Common Stock; (iv) ACOF VI Frontier AIV A4 owns 271,730 shares of Common Stock; (v) ACOF VI Frontier AIV A5 owns 298,604 shares of Common Stock; (vi) ACOF VI Frontier AIV A6 owns 167,219 shares of Common Stock; (vii) ACOF VI Frontier AIV A7 owns 302,616 shares of Common Stock; (viii) ACOF VI Frontier AIV A8 owns shares 303,979 of Common Stock; (ix) ACOF VI Frontier AIV A9 owns 285,466 shares of Common Stock; (continued in next footnote)
(x) ACOF VI Frontier AIV A10 owns 90,268 shares of Common Stock; (xi) ACOF VI Frontier AIV B1 owns 15,068,130 shares of Common Stock; (xii) ASOF Frontier AIV A1 owns 105,592 shares of Common Stock; (xiii) ASOF Frontier AIV A2 owns 18,032 shares of Common Stock; (xiv) ASOF Frontier AIV A3 owns 830,837 shares of Common Stock; (xv) ASOF Frontier AIV A4 owns 281,844 shares of Common Stock; (xvi) ASOF Frontier AIV A5 owns 167,160 shares of Common Stock; (xvii) ASOF Frontier AIV A6 owns 292,124 shares of Common Stock; (xviii) ASOF Frontier AIV A7 owns 289,417 shares of Common Stock; (xix)ASOF Frontier AIV A8 owns 238,026 shares of Common Stock; (xx) ASOF Frontier AIV A9 owns 360,644 shares of Common Stock; (xxi) ASOF Frontier AIV A10 owns 259,665 shares of Common Stock; (xxii) ASOF Frontier AIV A11 owns 245,236 shares of Common Stock; (xiii) ASOF Frontier AIV B1 owns 9,597,579 shares of Common Stock; (continued in next footnote)
(xxiv) ASSF IV AIV B Holdings III owns 2,694,242 shares of Common Stock; and (xxv) ASSF IV AIV B directly or indirectly owns 2,654,041 shares of Common Stock. Because the aggregate number of shares of Common Stock sold by Ares Direct Holders in the Transfers equals the number of shares of Common Stock purchased by Ares Direct Holders in the Transfers, the total number of shares of Common Stock that Ares Management LLC (as well as ACOF Investment Management, ASOF Investment Management, ASSF Operating Manager, Ares Management Holdings, Ares Holdco, Ares Management Corporation, Ares Management GP, Ares Voting and Ares Partners Holdco), may be deemed to beneficially own did not change as a result of the Transfers.
ACOF Investment Management is the manager of the ACOF Funds, ASOF Investment Management is the manager of ASOF Funds, ASSF Operating Manager is the manager of the ASSF Funds. Ares Management LLC is the sole member of ACOF Investment Management and ASOF Investment Management and the general partner of ASSF Operating Manager. Ares Management LLC has direct or indirect power to vote and/or dispose of the shares of Common Stock held by each Ares Direct Holder, and accordingly, Ares Management LLC may be deemed to have beneficial ownership of the shares of Common Stock reported herein. The sole member of Ares Management LLC is Ares Management Holdings and the general partner of Ares Management Holdings is Ares Holdco.
The sole member of Ares Holdco is Ares Management. Ares Management GP is the sole holder of the Class B common stock, $0.01 par value per share, of Ares Management (the "Ares Class B Common Stock") and Ares Voting is the sole holder of the Class C common stock, $0.01 par value per share, of Ares Management (the "Ares Class C Common Stock"). (continued in next footnote)
Pursuant to Ares Management's Certificate of Incorporation, the holders of the Ares Class B Common Stock and the Ares Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners. Ares Partners is managed by a board of managers, which is composed of Michael Arougheti, Ryan Berry, R. Kipp deVeer, David Kaplan, Antony Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over decisions by the Board Members. (continued in next footnote)
Each of the Reporting Persons, and the Board Members, and the other directors, officers, partners, stockholders, members and managers of the Reporting Persons, expressly disclaims beneficial ownership of the Common Stock, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.
The Reporting Persons' beneficial ownership includes a collective total of 85 previously unreported shares of Common Stock, of which the Reporting Persons were notified by their custodian after those shares' initial acquisition date.