-----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, NPis8bGVAtdx44+1bin4WOxvHBIFbnw4ffabeVxSUvRNGEPFVLA3Z/AbBiMH8z/B QM1oZ+FppmdozagWljBOCQ== 0000914317-98-000233.txt : 19980406 0000914317-98-000233.hdr.sgml : 19980406 ACCESSION NUMBER: 0000914317-98-000233 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980403 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: 98587478 BUSINESS ADDRESS: STREET 1: 12015 EAST 46TH AVE CITY: DENVER STATE: CO ZIP: 80239 BUSINESS PHONE: 3033717400 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 Under the Securities Exchange Act of 1934 (Amendment No. 1) Frontier Airlines, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) [Common Stock Purchase Warrants, no par value] - -------------------------------------------------------------------------------- (Title of Class of Securities) [FRNT] - -------------------------------------------------------------------------------- (CUSIP Number) Arthur H. Amron, Esq. 411 West Putnam Avenue Greenwich CT 06830 (203) 862-7028 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 2/27/98 - -------------------------------------------------------------------------------- (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 of Rule 13d-1(b)(3) or (4), check the following box O Check the following box if a fee is being paid with this statement O. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 2 of 9 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Imprimis Investors LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Intentionally Omitted) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 875,000 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 875,000 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 875,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.96% 14 TYPE OF REPORTING PERSON 00 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 3 of 9 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Wexford Spectrum Investors LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Intentionally Omitted) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X} (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 875,000 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 875,000 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 875,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.96% 14 TYPE OF REPORTING PERSON 00 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 4 of 9 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Wexford Management LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Intentionally Omitted) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X} (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Connecticut 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 1,750,000 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 1,750,000 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,750,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.93% 14 TYPE OF REPORTING PERSON IA SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 5 of 9 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Charles E. Davidson S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Intentionally Omitted) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X} (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 1,750,000 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 1,750,000 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,750,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.93% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 6 of 9 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Joseph M. Jacobs S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Intentionally Omitted) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X} (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 1,750,000 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 1,750,000 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,750,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.93% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 7 of 9 Pages - -------------------------------------------------------------------------------- The Schedule 13D as originally filed is amended as follows: Item 3. Source and Amount of Funds or Other Consideration. On February 27, 1998, the Letter Agreement was terminated and a new letter agreement entered into (the "New Letter Agreement"). Pursuant to the New Letter Agreement, (i) the total number of shares issuable under the Warrant Agreement was reduced to 1,750,000, and references to the Commitment Letter are no longer operative; (ii) Wexford Management agreed that for a period of a year neither it nor its affiliated funds would purchase or obtain the right to acquire any Shares other than on exercise of the warrants under the Warrant Agreement; and (iii) Wexford waived any defaults under the Note and related documentation, and Wexford and the Company released each other and certain related parties from any liability associated with any agreement in effect between the parties. Item 4. Purpose of Transaction. See Item 3 above. Item 5. Interest in Securities of the Issuer. See cover page. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. See Item 3 above. SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 8 of 9 Pages - -------------------------------------------------------------------------------- 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: April 3, 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 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. CUSIP No. FRNT Page 9 of 9 Pages - -------------------------------------------------------------------------------- EXHIBIT I Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth below. 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-----