-----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, KwsL+Zw/a4vFfoCZB+wpNHIE2Igc1FOWfkZH7XkpRyx1jer+B6kQjID/NAKma5rV /bMjz4vmmN8k+PSECvu5dQ== 0001047469-04-027229.txt : 20040825 0001047469-04-027229.hdr.sgml : 20040825 20040824180142 ACCESSION NUMBER: 0001047469-04-027229 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040823 ITEM INFORMATION: Material Modifications to Rights of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040825 DATE AS OF CHANGE: 20040824 FILER: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12805 FILM NUMBER: 04995001 BUSINESS ADDRESS: STREET 1: 7001 TOWER ROAD CITY: DENVER STATE: CO ZIP: 80249 BUSINESS PHONE: 7203744200 MAIL ADDRESS: STREET 1: 7001 TOWER ROAD CITY: DENVER STATE: CO ZIP: 80249 8-K 1 a2142643z8-k.htm 8-K
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 23, 2004

Frontier Airlines, Inc.
(Exact name of registrant as specified in its charter)

Colorado   0-24126   84-1256945
(State of
Incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

 

 

 

 
7001 Tower Road, Denver, Colorado   80249
(Address of principal executive offices)   (Zip Code)

(720) 374-4200
(Registrant's telephone number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 3.03. Material Modifications to Rights of Security Holders.

        On August 23, 2004, the Board of Directors of Frontier Airlines, Inc. ("Frontier") approved an amendment to the Frontier Airlines, Inc. Rights Agreement dated as of February 20, 1997, as amended (the "Rights Agreement") to (i) remove the requirement that a majority of the Continuing Directors (as defined in the Rights Agreement) approve the redemption of the Rights (as defined in the Rights Agreement) in certain circumstances, and (ii) remove the requirement that the Continuing Directors determine that the value of securities to be exchanged for the Rights under Section 24(c) of the Rights Agreement provides equal value to the market price of Frontier's Common Stock. The Fifth Amendment to Rights Agreement is attached hereto as Exhibit 4.4.E.


Item 9.01 Financial Statements and Exhibits.

        Exhibit 4.4.E. Fifth Amendment to Rights Agreement dated August 23, 2004.

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SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 

 

FRONTIER AIRLINES, INC.

Date: August 24, 2004

 

By:

 

/s/  
JEFF S. POTTER      
    Its:   President and CEO

 

 

By:

 

/s/  
PAUL H. TATE      
    Its:   CFO

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SIGNATURE
EX-4.4 2 a2142643zex-4_4.htm EX 4.4
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EXHIBIT 4.4.E


FIFTH AMENDMENT TO
RIGHTS AGREEMENT

        THIS FIFTH AMENDMENT TO RIGHTS AGREEMENT (this "Fifth Amendment") is made and entered into as of this [            ] day of August, 2004, by and between FRONTIER AIRLINES, INC. (the "Company") and MELLON INVESTOR SERVICES as Rights Agent (the "Rights Agent").

Recitals

        A.    The Company and American Securities Transfer & Trust, Inc., predecessor in interest to the Rights Agent, entered into a Rights Agreement dated as of February 20, 1997 (as amended, the "Rights Agreement"); and

        B.    The Board of Directors of the Company, by resolution duly adopted on August 23, 2004, authorized this Fifth Amendment to the Rights Agreement.

Agreement

        The Company and the Rights Agent hereby amend the Rights Agreement as follows:

        1.     Section 23(a) of the Rights Agreement is hereby amended in its entirety to read as follows:

            (a)   The Board of Directors of the Company may, at its option, at any time prior to the earlier of (x) such time as a Person becomes an Acquiring Person or (y) the Close of Business on the Final Expiration Date, redeem all but not less than all of the then outstanding Rights at a redemption price of $.01 per Right, appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date of this Agreement (such redemption price being hereinafter referred to as the "Redemption Price"). The redemption of the Rights by the Board of Directors of the Company may be made effective at such time and on such basis and with such conditions as the Board of Directors of the Company in its sole discretion may establish. Except for the obligation to pay the Redemption Price, the Board of Directors and the Company shall not have any liability to any Person as a result of the redemption of Rights pursuant to the terms of this Section 23. Notwithstanding anything in this Agreement to the contrary, the Rights shall not be exercisable at any time when the Company may redeem them pursuant to this Section 23. The Company may, at its option, pay the Redemption Price in cash, shares of Common Stock (based on the "current market price," as defined in Section 11(d) hereof, of the Common Stock at the time of redemption) or any other form of consideration deemed appropriate by the Board of Directors.

        2.     Section 24(c) of the Rights Agreement is hereby amended in its entirety to read as follows:

            (c)   In the event that there shall not be sufficient unreserved shares of Common Stock issued but not outstanding or authorized, unissued and unreserved to permit the exchange of Rights as contemplated in accordance with this Section 24, the Company, at its option, may substitute shares of equivalent stock, as such term is defined in Section 11(b), or common stock equivalents, as such term is defined in Section 11(a)(iii)(3)(C), for shares of Common Stock exchangeable for Rights, at the initial rate of one share of equivalent stock or one common stock equivalent for each share of Common Stock, as appropriately adjusted to reflect stock splits, stock dividends or similar transactions affecting the Common Stock that occur after the date of this Agreement.

        3.     The remainder of the Rights Agreement shall remain unchanged, and the Rights Agreement as amended above, shall remain in full force and effect.


        IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be fully executed on their behalf as of the date first above written.


 

 

FRONTIER AIRLINES, INC.

 

 

By:

 


    Name:    
    Title:    

 

 

MELLON INVESTOR SERVICES

 

 

By:

 


    Name:    
    Title:    

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FIFTH AMENDMENT TO RIGHTS AGREEMENT
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