-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VFuhLDV1VfQe3wr8F2mEJssxMYNh//8O1w6EiB6ZE5YwQAzIO6VL7R9vhljZ+tQe kgc+E9QrT7vHgtQ0vvdE9A== 0000914317-98-000556.txt : 19980902 0000914317-98-000556.hdr.sgml : 19980902 ACCESSION NUMBER: 0000914317-98-000556 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980901 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FRONTIER AIRLINES INC /CO/ CENTRAL INDEX KEY: 0000921929 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 841256945 STATE OF INCORPORATION: CO FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-47895 FILM NUMBER: 98702487 BUSINESS ADDRESS: STREET 1: 12015 EAST 46TH AVE CITY: DENVER STATE: CO ZIP: 80239 BUSINESS PHONE: 3033717400 MAIL ADDRESS: STREET 1: 12015 EAST 46TH AVENUE STREET 2: 12015 EAST 46TH AVENUE CITY: DENVER STATE: CO ZIP: 80239 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEXFORD MANAGEMENT LLC CENTRAL INDEX KEY: 0001048462 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061442624 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038627000 MAIL ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A-2 Under the Securities Exchange Act of 1934 (Amendment No. 2) FRONTIER AIRLINES, INC. ----------------------- (Name of issuer) Common Stock Purchase Warrants, no par value -------------------------------------------- (Title of class of securities) [FRNT] -------------- (CUSIP number) Arthur H. Amron Wexford Management LLC 411 West Putnam Avenue Greenwich, CT 06830 (203) 862-7012 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) August 21, 1998 ------------------------------------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule ss. 240.13d-7 CUSIP No. [FRNT] Page 2 of 9 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Imprimis Investors LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [x] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) WC - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power 0 Beneficially Owned by Each 8. Shared Voting Power Reporting (see Item 5 below) 783,700 Person With 9. Sole Dispositive Power 0 10. Shared Dispositive Power (see Item 5 below) 783,700 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 783,700 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.2% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- CUSIP No. [FRNT] Page 3 of 9 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Wexford Spectrum Investors LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [x] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) WC - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power 0 Beneficially Owned by Each 8. Shared Voting Power Reporting (see Item 5 below) 514,500 Person With 9. Sole Dispositive Power 0 10. Shared Dispositive Power (see Item 5 below) 514,500 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 514,500 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 3.5% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- CUSIP No. [FRNT] Page 4 of 9 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Charles E. Davidson I.R.S. Identification Nos. of Above Persons (entities only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [x] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) AF - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power 0 Beneficially Owned by Each 8. Shared Voting Power Reporting (see Item 5 below) 1,298,200 Person With 9. Sole Dispositive Power 0 10. Shared Dispositive Power (see Item 5 below) 1,298,200 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,298,200 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 8.4% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- CUSIP No. [FRNT] Page 5 of 9 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Wexford Management LLC I.R.S. Identification Nos. of Above Persons (entities only) (Intentionally Omitted) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [x] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) AF - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Connecticut - -------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power 0 Beneficially Owned by Each 8. Shared Voting Power Reporting (see Item 5 below) 1,298,200 Person With 9. Sole Dispositive Power 0 10. Shared Dispositive Power (see Item 5 below) 1,298,200 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,298,200 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 8.4% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- CUSIP No. [FRNT] Page 6 of 9 Pages - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Joseph M. Jacobs I.R.S. Identification Nos. of Above Persons (entities only) - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [x] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) AF - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power 0 Beneficially Owned by Each 8. Shared Voting Power Reporting (see Item 5 below) 1,298,200 Person With 9. Sole Dispositive Power 0 10. Shared Dispositive Power (see Item 5 below) 1,298,200 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,298,200 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 8.4% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- This Amendment No. 2 to Schedule 13D modifies and supplements the Schedule 13D filed on January 21, 1998, as amended by Amendment No. 1 to Schedule 13D on April 3, 1998 ("Amendment No. 1") with respect to the Common Stock Purchase Warrants, no par value (the "Warrants"), of FRONTIER AIRLINES, INC. (the "Company"). Except to the extent supplemented by the information contained in this Amendment No. 2, such Schedule 13D, as amended as provided above, remains in full force and effect. Capitalized terms used herein without definition have the respective meanings ascribed to them in such Schedule 13D. Item 5. Interest in Securities of the Issuer. Since the filing of Amendment No. 1, Imprimis Investors LLC ("Imprimis") and Wexford Spectrum Investors LLC ("WSI") (i) acquired an aggregate of 91,300 Shares and 360,500 Shares, respectively, upon the exercise of the Warrant, and (ii) sold all of such Shares at prices ranging from $3.75 per share to $4.50 per share. All of such sales were effected in open market transactions. As a result of the foregoing, the Reporting Persons may be deemed to beneficially own the respective percentages and numbers Warrants set forth below (on the basis of 13,792,064 shares of Common Stock issued and outstanding): 1. Imprimis (a) Warrants relating to aggregate number of Shares (subject to possible cutback) beneficially owned: 783,700 Percentage: 5.2% (b) 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 783,700 3. Sole power to dispose or to direct the disposition: -0- 4. Shares power to dispose or to direct the disposition: 783,700 (c) Other than as reported above, there were no transactions by Imprimis during the past 60 days. (d) Imprimis may be deemed to have the right to receive or the power to direct the receipt or dividends from, or proceeds from the sale of, the Warrants. (e) Not applicable. 2. Wexford Spectrum (a) Warrants relating to aggregate number of Shares (subject to possible cutback) beneficially owned: 514,500 Percentage: 3.5% (b) 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 514,500 3. Sole power to dispose or to direct the disposition: -0- 4. Shares power to dispose or to direct the disposition: 514,500 (c) Other than as reported in above, there were no transactions by Wexford Spectrum during the past 60 days. (d) Wexford Spectrum may be deemed to have the right to receive or the power to direct the receipt or dividends from, or proceeds from the sale of, the Warrants. (e) Not applicable. 3. Wexford Management (a) Warrants relating to aggregate number of Shares (subject to possible cutback) beneficially owned: 1,298,200 Percentage: 8.4% (b) 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote:1,298,200 3. Sole power to dispose or to direct the disposition: -0- 4. Shares power to dispose or to direct the disposition: 1,298,200 (c) Other than as reported in above, there were no transactions by Wexford Management during the past 60 days. (d) Wexford Management may be deemed to have the right to receive or the power to direct the receipt or dividends from, or proceeds from the sale of, the Warrants. (e) Not applicable. 4. Joseph M. Jacobs (a) Warrants relating to aggregate number of Shares (subject to possible cutback) beneficially owned: 1,298,200 Percentage: 8.4% (b) 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote:1,298,200 3. Sole power to dispose or to direct the disposition: -0- 4. Shares power to dispose or to direct the disposition: 1,298,200 (c) Other than as reported in above, there were no transactions by Mr. Jacobs during the past 60 days. (d) Mr. Jacobs may be deemed to have the right to receive or the power to direct the receipt or dividends from, or proceeds from the sale of, the Warrants. (e) Not applicable. 5. Charles E. Davidson (a) Warrants relating to aggregate number of Shares (subject to possible cutback) beneficially owned: 1,298,200 Percentage: 8.4% (b) 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote:1,298,200 3. Sole power to dispose or to direct the disposition: -0- 4. Shares power to dispose or to direct the disposition: 1,298,200 (c) Other than as reported in above, there were no transactions by Mr. Davidson during the past 60 days. (d) Mr. Davidson may be deemed to have the right to receive or the power to direct the receipt or dividends from, or proceeds from the sale of, the Warrants. (e) Not applicable. Wexford Management may, by reason of its status as manager of Imprimis and Wexford Spectrum, be deemed to own beneficially the interests in the Warrant of which Imprimis and Wexford Spectrum possess beneficial ownership. Each of Charles E. Davidson and Joseph M. Jacobs may, by reason of his status as a controlling person of Wexford Management, be deemed to own beneficially the interests in the Warrant of which Imprimis and Wexford Spectrum possess beneficial ownership. Each of Charles E. Davidson, Joseph M. Jacobs and Wexford Management shares the power to vote and to dispose of the interests in the Warrant Imprimis and Wexford Spectrum beneficially own. * * * * * SIGNATURE After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: August 31, 1998 IMPRIMIS INVESTORS LLC By: /s/Arthur H. Amron ------------------ Name: Arthur H. Amron Title: Vice President WEXFORD SPECTRUM INVESTORS LLC By: /s/Arthur H. Amron ------------------ Name: Arthur H. Amron Title: Vice President WEXFORD MANAGEMENT LLC By: /s/Arthur H. Amron ------------------ Name: Arthur H. Amron Title: Senior Vice President /s/ Charles E. Davidson - ----------------------- Charles E. Davidson /s/Joseph M. Jacobs - ------------------- Joseph M. Jacobs -----END PRIVACY-ENHANCED MESSAGE-----