| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KGS | Common Stock | Sale | -$177M | -3.73M | -9.68% | $47.50 | 34.8M | Jan 30, 2025 | Held by Frontier TopCo Partnership, L.P. | F1, F2 |
| Id | Content |
|---|---|
| F1 | On January 30, 2025, Kodiak Holdings (as defined below) enlisted Goldman Sachs & Co. LLC as market maker in connection with the sale of 3,728,677 shares of common stock, par value $0.01 per share, of the Issuer ("Common Stock") pursuant to Rule 144 under the Securities Act of 1933, as amended. The Reporting Person received $46.80 per share of Common Stock sold in the sale, which is the public offering price less certain broker discounts. |
| F2 | Consists of shares of common stock held directly by Frontier TopCo Partnership, L.P. ("Kodiak Holdings"). Frontier TopCo GP, LLC ("Frontier GP") is the general partner of Kodiak Holdings. EQT Infrastructure III SCSp ("EQT Infrastructure III") indirectly owns 100% of the membership interests in Frontier GP. EQT Fund Management S.a r.l. ("EFMS") has exclusive responsibility for the management and control of the business and affairs of investment vehicles which constitute the majority of the total commitments to EQT Infrastructure III. As such, EFMS has the power to control Frontier GP's voting and investment decisions and may be deemed to have beneficial ownership of the securities held by Kodiak Holdings. |
This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.