AI assistant
FTAI Infrastructure Inc. — Director's Dealing 2024
May 10, 2024
32804_dirs_2024-05-10_fe6bde77-38e1-4d5c-aaec-2d3dfb49d739.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: FTAI Infrastructure Inc. (FIP)
CIK: 0001899883
Period of Report: 2024-05-02
Reporting Person: Fortress Investment Group LLC (N/A)
Reporting Person: FIG Corp. (N/A)
Reporting Person: Fortress Operating Entity I LP (N/A)
Reporting Person: FIG LLC (N/A)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $1.95 | 2030-08-28 | Common Stock, par value $0.01 per share (4379) | Indirect | |
| Stock Option (right to buy) | $1.94 | 2030-08-31 | Common Stock, par value $0.01 per share (1452) | Indirect | |
| Stock Option (right to buy) | $1.94 | 2030-09-01 | Common Stock, par value $0.01 per share (33457) | Indirect | |
| Stock Option (right to buy) | $3.69 | 2031-03-25 | Common Stock, par value $0.01 per share (355932) | Indirect | |
| Stock Option (right to buy) | $3.17 | 2031-09-14 | Common Stock, par value $0.01 per share (1200000) | Indirect | |
| Stock Option (right to buy) | $3.17 | 2031-10-12 | Common Stock, par value $0.01 per share (128386) | Indirect | |
| Stock Option (right to buy) | $2.61 | 2032-08-01 | Common Stock, par value $0.01 per share (10869565) | Indirect |
Footnotes
F1: These options are fully vested and exercisable.
F2: Reflects securities held directly by FIG LLC, a Delaware limited liability company ("FIG"). Fortress Operating Entity I LP, a Delaware limited partnership ("FOE I"), is the owner of all of the issued and outstanding interests of FIG. FIG Corp., a Delaware corporation, is the general partner of FOE I. FIG Corp. is wholly-owned by Fortress Investment Group LLC, a Delaware limited liability company.
F3: Each reporting person disclaims beneficial ownership of all reported securities except to the extent of its pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 or otherwise.
F4: FIG has agreed not to exercise a portion of these options pursuant to the terms of certain tandem awards held by certain directors and officers of the Issuer, subject to the terms of such awards.
F5: Upon grant (August 1, 2022), such options were fully vested and become exercisable over a 30-month period in monthly installments beginning on the first of each month following the month in which the options were granted.