Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 
   

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person* ARES MANAGEMENT LLC (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip)	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)
	3. Date of Earliest Transaction (Month/Day/Year) 11/20/2024
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	11/20/2024		S		240,940	D	$34.6883	38,365,866	I	See footnotes(1)(2)(3)(4)(5)(6)
Common Stock	11/21/2024		S		239,195	D	$34.7934	38,126,671	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

1. Name and Address of Reporting Person* ARES MANAGEMENT LLC (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 1 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 2 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 3 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 4 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 5 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 6 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II Frontier Holdings 7 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II A (DE) Frontier Holdings 1 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ASOF II A (DE) Frontier Holdings 2 L.P. (Last) (First) (Middle) C/O ARES MANAGEMENT LLC 1800 AVENUE OF THE STARS, SUITE 1400 (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Following the transactions reported herein, includes (i) 249,648 shares held by ACOF VI Frontier AIV A1, L.P.; (ii) 89,525 shares held by ACOF VI Frontier AIV A2, L.P.; (iii) 20,888 shares held by ACOF VI Frontier AIV A3, L.P.; (iv) 271,560 shares held by ACOF VI Frontier AIV A4, L.P.; (v) 298,417 shares held by ACOF VI Frontier AIV A5, L.P.; (vi) 167,115 shares held by ACOF VI Frontier AIV A6, L.P.; (vii) 302,427 shares held by ACOF VI Frontier AIV A7, L.P.; (viii) 303,790 shares held by ACOF VI Frontier AIV A8, L.P.; (ix) 285,289 shares held by ACOF VI Frontier AIV A9, L.P.; (x) 90,213 shares held by ACOF VI Frontier AIV A10, L.P.; (xi) 15,058,732 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) 2,605,048 shares held by ASSF IV AIV B Holdings III, L.P. and (xxxiv) 2,566,184 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.

	Ares Management LLC, By: /s/ Anton Feingold, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 1 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 2 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 3 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 4 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 5 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 6 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II FRONTIER HOLDINGS 7 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II A (DE) FRONTIER HOLDINGS 1 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	ASOF II A (DE) FRONTIER HOLDINGS 2 L.P., By: ASOF INVESTMENT MANAGEMENT LLC, its manager, By: /s/ Evan Hoole, Authorized Signatory	11/22/2024
	** Signature of Reporting Person	Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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