Page 1 of 13
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
FRONTIER AIRLINES, INC.
(Name of Issuer)
Common Stock, $.001 Par Value
(Title of Class of Securities)
359065109
(CUSIP Number)
Michael Moran
W.R. Hambrecht + Co., LLC
539 Bryant Street, Suite 100
San Francisco, CA 94107
(415) 551-3132
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 31, 2000
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of 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 this schedule, including all exhibits. See ss.240.13d-7(b) for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a person's initial
filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter disclosures
provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
"filed" for the purpose of Section 18 of the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
<PAGE>
CUSIP No. 359065109 Page 2 of 13
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
W.R. Hambrecht + Co., LLC
94-3289837
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a) ( )
(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
California
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY EACH
REPORTING
PERSON WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)( )
Not Applicable
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
--------------------------------------------------------------------------------
<PAGE>
CUSIP No. 359065109 Page 3 of 13
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Hambrecht 1980 Revocable Trust
###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a) ( )
(b) ( )
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) ( )
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY EACH
REPORTING
PERSON WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) ( )
Not Applicable
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
--------------------------------------------------------------------------------
<PAGE>
CUSIP No. 359065109 Page 4 of 13
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
E&M RP Trust
###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a) (X)
(b) ( )
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) ( )
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 545,400
OWNED BY EACH
REPORTING
PERSON WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
545,400
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
545,400
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)( )
Not Applicable
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.05%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
--------------------------------------------------------------------------------
<PAGE>
CUSIP No. 359065109 Page 5 of 13
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
William R. Hambrecht
###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a) ( )
(b) ( )
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not Applicable
--------------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY EACH
REPORTING
PERSON WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 (1)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)( )
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
(1) As of August 30, 2000, Mr. Hambrecht owned or controlled W.R. Hambrecht
+ Co., Inc., which owns W.R. Hambrecht + Co., LLC. Mr. Hambrecht is the
manager of W.R. Hambrecht + Co., LLC.
<PAGE>
CUSIP No. 359065109 Page 6 of 13
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Edmund H. Shea, Jr.
###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a) (X)
(b) ( )
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not Applicable
--------------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY EACH
REPORTING
PERSON WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER
545,400
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
O
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
545,400
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
545,400*
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)( )
Not Applicable
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.05%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
*Represents shares held by the E&M RP Trust of which Mr. Shea is a Trustee.
<PAGE>
CUSIP No. 359065109 Page 7 of 13
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Mary S. Shea
###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a) (X)
(b) ( )
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not Applicable
--------------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY EACH
REPORTING
PERSON WITH
-----------------------------------------------------------------
8 SHARED VOTING POWER
545,400
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
O
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
545,400
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
545,000*
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)( )
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.05%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
*Represents shares held by the E&M RP Trust of which Mrs. Shea is a Trustee.
<PAGE>
CUSIP No. 359065109 Page 8 of 13
Statement on Schedule 13D
This Amendment No. 1 amends and supplements the initial Statement on
Schedule 13D of W.R. Hambrecht + Co., LLC ("LLC"), The Hambrecht 1980 Revocable
Trust ("Hambrecht Trust"), the E&M RP Trust ("Shea Trust"), William R.
Hambrecht, Edmund H. Shea, Jr. and Mary S. Shea (collectively, the "Reporting
Persons")filed with the Securities and Exchange Commission on November 19, 1998
with respect to the beneficial ownership by the Reporting Persons of shares of
its Common Stock, $0.001 par value per share ("Common Stock"), of Frontier
Airlines, Inc., a Colorado corporation ("Issuer"). The filing of this Amendment
No. 1 is occasioned by the sale by the LLC of all of its 334,500 shares of
Common Stock and the sale by the Hambrecht Trust of all of its 227,400 shares of
Common Stock as described in Item 5(c) below, bringing the total number of
shares of Common Stock beneficially owned by the Reporting Persons to less than
5% of the outstanding shares of Common Stock. Except as set forth below, the
information contained in the Original Statement is unchanged.
To the extent that any information is provided herein with respect to
the Issuer, such information is provided to the knowledge of the Reporting
Persons.
ITEM 1. SECURITY AND ISSUER.
The Original Statement, as amended by this Amendment No. 1 ("Amended
Statement"), relates to shares of the Common Stock, $0.001 par value per share,
of the Issuer. The principal executive office and mailing address of the Issuer
is 12015 East 46th Avenue, Suite 200, Denver, Colorado 80239.
ITEM 2. IDENTITY AND BACKGROUND.
(a), (b) and (c) The Amended Statement is being filed jointly by the
LLC, the Hambrecht Trust, the E&M Trust, Mr. Hambrecht, Mr. Shea and Mrs.
Shea.
The LLC is a California liability company whose principal business is as a
registered broker-dealer. Its business address is 539 Bryant Street, Suite 100,
San Francisco, California 94107. The name of the manager of the LLC, the LLC's
and his address, citizenship and principal occupation are as follows:
--------------------------------------------------------------------------------
NAME AND OFFICE HELD BUSINESS ADDRESS CITIZENSHIP PRINCIPAL
OCCUPATION OR
EMPLOYMENT
--------------------------------------------------------------------------------
William R. 539 Bryant Street USA Manager
Hambrecht Suite 100
San Francisco, CA
94107
--------------------------------------------------------------------------------
The Hambrecht Trust is a California revocable trust. The trustee of the
trust is William R. Hambrecht. The address of the trust is 539 Bryant Street,
Suite 100, San Francisco, California 94107.
<PAGE>
CUSIP No. 359065109 Page 9 of 13
The Shea trust is a California revocable trust. The trustees of the trust
are Edmund H. Shea, Jr. and Mary S. Shea. The address of the Shea Trust and of
Mr. and Mrs. Shea is 655 Brea Canyon Road, Walnut, California 01789.
(b) To the best knowledge of the Reporting Persons, during the past five
years, none of the entities or individuals identified in this Item 2
have been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(c) To the best knowledge of the Reporting Persons, during the past five
years, none of the of the entities or individuals identified in this
Item 2 has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and therefore was not
and is not subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with
respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Between May 27, 1998 and August 28, 1998, the LLC acquired 334,500 shares
of the Issuer's Common Stock in open market transactions at a average cost per
share of $4.0074 per share. The source of the $1,340,480.84 purchase price was
the working capital of the LLC. Between March 11, 1998 and August 6, 1998, the
Shea Trust acquired 318,500 shares of the Issuer's Common Stock in open market
transactions at an average cost per share of $4.0114. The source of the
$1,277,620.26 purchase price was the personal funds of the Shea Trust. Between
November 19, 1998 and November 25, 1998, the Hambrecht Trust and the Shea Trust
each acquired 449,400 shares of the Issuer's Common Stock in open market
transactions at an average cost of $4.745 per share. The source of the aggregate
$2,132,300.00 purchase price was the personal funds of each of the Hambrecht
Trust and the Shea Trust.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons purchased the securities to increase their respective
equity interests in the Issuer. As noted in Item 5(c) below, the LLC and the
Hambrecht Trust have sold all of their Common Stock. Except as noted below, none
of the Reporting Persons has any present plans or proposals that relate to or
would result in or cause:
(a) the acquisition by any person of additional securities of the Issuer,
or the disposition of securities of the Issuer;
(b) an extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
(c) a sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
(d) any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term
of directors or to fill any existing vacancies on the board;
<PAGE>
CUSIP No. 359065109 Page 10 of 13
(e) any material change in the present capitalization or dividend policy
of the Issuer;
(f) any other material change in the Issuer's business or corporate
structure;
(g) changes in the Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control
of the Issuer by any person;
(h) a class of securities of the Issuer being de-listed from a national
securities exchange or to cease to be authorized to be quoted in an
interdealer quotation system of a registered national securities
association;
(i) a class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the
Securities Exchange Act of 1934; or
(j) any action similar to any of those enumerated above.
The Reporting Persons reserve the right to adopt such plans and proposals
subject to applicable regulatory requirements, if any; and to transfer
securities of the Issuer directly and/or sell securities of the Issuer in the
open market.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) and (b) According to the Issuer, there were 17,873,056 shares of Common
Stock outstanding as of July 31, 2000. Based on such information, after taking
into account the transactions described in Item 5(c) below, the Reporting
Persons report the following direct holdings and corresponding percentage
interests in the Common Stock (computed in accordance with Rule 13d-3(d)(1)(i)
of the Securities Exchange Act of 1934, as amended):
NAME SHARES OF COMMON STOCK OWNED PERCENT OWNED
---- ---------------------------- -------------
The LLC 0 0
The Hambrecht Trust 0 0
The Shea Trust 545,400 3.05
William R. Hambrecht 0 0
Edmund H. Shea, Jr. 545,400 3.05
Mary S. Shea 545,400 3.05
The Hambrecht Trust is a California revocable trust. The trustee of the
trust is William R. Hambrecht. The address of the Hambrecht Trust is 539 Bryant
Street, Suite 100, San Francisco, California 94107.
<PAGE>
CUSIP No. 359065109 Page 11 of 13
As the LLC and the Hambrecht Trust have sold all of the shares of Common
Stock they held, they are no longer members of a group with the Shea Trust, and
Mr. and Mrs. Shea. Mr. Shea and Mrs. Shea have shared beneficial ownership of
the shares of Common Stock held by the Shea Trust as they are the trustees of
that trust.
(c) Except as set forth below, none of the Reporting Person has effected
any transaction involving the Issuer's Common Stock during the 60 days prior to
the date of this Amended Statement.
Subsequent to July 1, 2000, the LLC made the following sales of Common
Stock:
TRADE DATE NO. OF SHARES PRICE NET AMOUNT
08/09/2000 7500 17.9 134,095.52
08/14/2000 3000 17.875 53,623.21
08/17/2000 6000 17 101,996.60
08/18/2000 45000 16.9583 763,098.06
08/22/2000 82500 17.125 1,412,765.40
08/23/2000 59500 17.4375 1,037,496.66
08/24/2000 39000 17.6875 689,789.50
08/28/2000 7500 17.4375 130,776.89
08/29/2000 5000 17.5 87,497.08
08/30/2000 5400 17.375 93,821.87
08/31/2000 40500 17.0222 689,376.12
09/01/2000 15000 17.25 258,741.37
09/05/2000 15000 17.125 256,866.43
09/06/2000 33600 17.25 579,580.68
Subsequent to July 1, 2000, the Hambrecht Trust made the following sales of
Common Stock:
TRADE DATE PRICE NO. OF SHARES PROCEEDS
08/09/2000 17.9 5,000.00 89,457.01
08/14/2000 17.88 2,000.00 35,708.80
08/18/2000 17 4,000.00 67,957.73
08/18/2000 16.96 30,000.00 508,693.04
08/22/2000 17.13 55,000.00 941,803.60
08/23/2000 17.44 39,700.00 692,205.67
08/24/2000 17.69 26,000.00 459,819.67
08/28/2000 17.44 5,000.00 87,144.59
08/29/2000 17.5 3,000.00 52,458.35
08/30/2000 17.38 3,600.00 62,507.95
08/31/2000 17.02 27,000.00 459,486.88
09/01/2000 17.25 10,000.00 172,454.25
09/05/2000 17.13 10,000.00 171,204.29
09/06/2000 17.25 4,400.00 75,857.87
<PAGE>
CUSIP No. 359065109 Page 12 of 13
(d) Except as set forth in this Amended Statement, no other person is known
to have the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the securities of the Issuer that are
owned beneficially by the reporting persons.
(e) On August 31, 2000, the Reporting Persons ceased to own more than 5% of
the outstanding shares of Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
The following material was filed as an Exhibit to the original Schedule
13D:
1. Joint Filing Agreement, dated November 30, 1998, among the LLC, the
Hambrecht Trust, the Shea Trust, William R. Hambrecht, Edmund H. Shea, Jr.
and Mary S. Shea.
<PAGE>
CUSIP No. 359065109 Page 13 of 13
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: October 23, 2000
/s/ William R. Hambrecht
------------------------------------------------
William R. Hambrecht
W.R. Hambrecht + Co., LLC
By: William R. Hambrecht,
Manager
/s/ William R. Hambrecht
------------------------------------------------
William R. Hambrecht
THE HAMBRECHT 1980 REVOCABLE TRUST
By: /s/ William R. Hambrecht
------------------------------------------------
Name: William R. Hambrecht
Title: Trustee
E&M RP TRUST
By: /s/ Edmund H. Shea, Jr.
------------------------------------------------
Name: Edmund H. Shea, Jr.
Title: Trustee
/s/ Edmund H. Shea, Jr.
------------------------------------------------
Edmund H. Shea, Jr.
/s/ Mary S. Shea
------------------------------------------------
Mary S. Shea
