Fig LLC's Form 4 filing
FTAI Infrastructure Inc. (FIP) · filed Aug 13, 2024
- Accession no.
- 0000950170-24-096425
- Filed
- Aug 13, 2024, 5:07 PM ET
- Trade date
- Aug 9, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 8 non-derivative transactions and 7 derivative transactions. Open-market sales total $30.7M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Fig LLCCIK 0001245521 | 10% Owner |
| Fortress Investment Group LLCCIK 0001380393 | 10% Owner |
| Fortress Operating Entity I LPCIK 0001387344 | 10% Owner |
| FIG Blue LLCCIK 0001387345 | 10% Owner |
| FINCO I Intermediate Holdco LLCCIK 0002024037 | 10% Owner |
| FIG Parent, LLCCIK 0002024041 | 10% Owner |
| Foundation Holdco LPCIK 0002024043 | 10% Owner |
| FIG Buyer GP, LLCCIK 0002024046 | 10% Owner |
| Finco I LLCCIK 0002024235 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +4,379 | $1.95 | +$8,539.05 | 1,740,045 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +1,452 | $1.94 | +$2,816.88 | 1,741,497 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +33,457 | $1.94 | +$64,906.58 | 1,774,954 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +284,746 | $3.69 | +$1,050,712.74 | 2,059,700 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +960,000 | $3.17 | +$3,043,200 | 3,019,700 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +102,710 | $3.17 | +$325,590.7 | 3,122,410 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseAcquired | +8,695,652 | $2.61 | +$22,695,651.72 | 11,818,062 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | SSaleDisposed | −3,399,501 | $9.04 | −$30,731,489.04 | 8,418,561 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −4,379 | $0.00 | $0 | 0 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −1,452 | $0.00 | $0 | 0 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −33,457 | $0.00 | $0 | 0 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −284,746 | $0.00 | $0 | 35,593 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −960,000 | $0.00 | $0 | 120,000 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −102,710 | $0.00 | $0 | 12,838 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 per share | XIn-the-money exerciseDisposed | −8,695,652 | $0.00 | $0 | 2,173,913 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
Due to the limitation on the number of transactions that can be reported on a single Form 4, this Form 4 is the second of two being filed by the reporting persons on the date hereof.